Sunrise REIT announces court decision and new date for unitholder meeting

    TORONTO, March 6 /CNW/ - Sunrise Senior Living Real Estate Investment
Trust ("Sunrise REIT") (TSX:SZR.UN) announced today that in the court
proceedings involving, among others, Sunrise REIT, Sunrise Senior Living, Inc.
("Sunrise Inc."), Ventas, Inc. ("Ventas") and Health Care Property Investors,
Inc. ("HCP"), the Court has ruled that Sunrise REIT is required pursuant to
the terms of the Purchase Agreement, among others, Sunrise REIT and Ventas
dated January 14, 2007, to enforce the standstill obligations of HCP contained
in the confidentiality agreement between HCP and Sunrise REIT against HCP. In
light of the ruling in favour of Ventas, the court declined to make a ruling
on the applications made by Sunrise REIT and by Sunrise Inc. A copy of the
court decision will be available on Sunrise REIT's website at Sunrise REIT is currently reviewing the court decision
and considering its position.
    In addition, Sunrise REIT announced today that the Special Meeting of
unitholders to consider the proposed transaction with Ventas has been
rescheduled for Friday, March 30, 2007. The record date for the meeting
remains as Monday, February 19, 2007.

    About Sunrise REIT (TSZ:SZR.UN)

    Sunrise REIT was formed to indirectly acquire, own and invest in
income-producing senior living communities in major metropolitan markets and
their surrounding suburban areas in Canada and the United States. Sunrise REIT
owns 74 senior living communities, 11 in Canada and 63 in the United States.
All of Sunrise REIT's senior living communities are managed by Sunrise Senior
Living, Inc. one of the largest providers of senior living services in North
America. Sunrise REIT also directly acquires interests in newly developed
senior living communities through development and financing arrangements with
Sunrise Senior Living, Inc.

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