/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, MB, Dec. 15, 2023 /CNW/ - Marwest Apartment Real Estate Investment Trust ("Marwest Apartment REIT" or the "REIT") (TSXV:MAR) announced that its Trustees have declared a monthly cash distribution of $0.001275 per trust unit ("Trust Unit") of the REIT for the month of December 2023, representing a cash distribution per Trust Unit of $0.0153 on an annualized basis. The cash distributions will be made on January 15, 2024 to Unitholders on record as of December 31, 2023.