VANCOUVER, May 27, 2013 /CNW/ - Sunstone Investment Management Inc., the
manager for the Morguard Sunstone Real Estate Income Fund (the "Fund") (TSX: MSN.UN), confirms that the unitholders of the Fund (the "Unitholders") have approved the termination of the Fund at the previously adjourned
special meeting that was held today.
The trustee of the Fund, Sunstone Investment Services Inc., will now
begin the process of winding-up the Fund and distributing the net asset
value in cash to Unitholders. As part of the wind-up process, the Fund
will be de-listed from the Toronto Stock Exchange. The assets remaining
after the liabilities and obligations of the Fund have been provided
for will be distributed to Unitholders of record on the last day of
trading. The payment will be made as soon as practicable following this
date. The last day of trading will be on or before June 28, 2013. The
Fund will provide further updates on timing as the process unfolds.
Additional information about Morguard Sunstone Real Estate Income Fund
is available at www.sunstoneinvestments.com or www.sedar.com. Further Information about Morguard Financial Corp., the Investment
Manager, is available at www.morguard.com.
THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.
SOURCE: Morguard Sunstone Real Estate Income Fund
For further information:
Andrew Greig, Investor Relations
Sunstone Investment Management Inc.
Suite 910, 925 West Georgia Street
Vancouver, BC V6C 3L2
Phone: (604) 681-5959 or (888) 681-5959