Alexis Nihon Real Estate Investment Trust
TSX : AN.UN

Alexis Nihon Real Estate Investment Trust

May 18, 2006 06:00 ET

Alexis Nihon REIT Announces May 2006 Distribution

MONTREAL, QUEBEC--(CCNMatthews - May 18, 2006) - Alexis Nihon Real Estate Investment Trust (TSX:AN.UN) today announced the monthly cash distribution for the month of May has been set at $0.0917 per unit, or $1.10 per unit on an annualized basis. The distribution will be paid on June 15, 2006, to unitholders of record as at May 31, 2006.

About Alexis Nihon REIT

The REIT currently owns interests in 61 office, retail, and industrial properties, including a 426-unit multi-family residential property, located in the greater Montreal area and the National Capital Region. The REIT's portfolio has an aggregate of 8.6 million square feet of leasable area, of which 0.4 million square feet is co-owned.

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