MISSISSAUGA, ON, Nov. 20, 2020 /CNW/ - Morguard Corporation ("Morguard") (TSX:MRC) announced that it acquired 1,577,000 trust units (the "Units") of Morguard Real Estate Investment Trust (the "REIT") (TSX:MRT), through its participation in the REIT's distribution reinvestment plan (the "DRIP"), as follows: The total Units (1,577,000) acquired by Morguard represent approximately 2.48% of the outstanding Units (all securityholding percentages are based on the issued and outstanding Units as of  November 16, 2020) and were acquired at an average weighted price per Unit of approximately $4.76.