Canadian Real Estate Investment Trust
TSX : REF.UN

Canadian Real Estate Investment Trust

January 16, 2008 10:29 ET

Canadian Real Estate Investment Trust Announces January 2008 Distribution

TORONTO, ONTARIO--(Marketwire - Jan. 16, 2008) - Canadian Real Estate Investment Trust ("CREIT") (TSX:REF.UN)today announced its January 2008 monthly distribution in the amount of 11.08 cents per unit (C$1.33 annualized). The January distribution will be payable on February 14, 2008 to Unitholders of record January 31, 2008.

CREIT is a real estate investment trust focussed on accumulating a portfolio of high-quality real estate assets and delivering the benefits of real estate ownership to Unitholders. The primary benefit is a reliable and, over time, increasing monthly cash distribution. CREIT owns a portfolio in excess of 140 retail, office and industrial properties.

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