/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, MB, March 23, 2023 /CNW/ - Marwest Apartment Real Estate Investment Trust (the "REIT") (TSXV:MAR) reported financial results for the year ended December 31, 2022. This press release should be read in conjunction with the REIT's Consolidated Financial Statements and Management's Discussion and Analysis ("2022 Annual MD&A") for the year ended December 31, 2022, which are available on the REIT's website at www.marwestreit.com and at www.sedar.com. Mr. William Martens, Chief Executive Officer and Trustee commented  "We completed 2022 by acquiring another property to add to our portfolio.