/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, MB, Nov. 24, 2021 /CNW/ - Marwest Apartment Real Estate Investment Trust ("Marwest Apartment REIT" or the "REIT") (TSXV:MAR) is pleased to announce that its Board of Trustees have adopted a monthly distribution policy pursuant to which the REIT will pay monthly distributions. The initial distribution will be to Unitholders of record on December 31, 2021 in the amount of $0.00125 per unit ($0.015 annualized) and will be paid on or about January 15, 2022.