InnVest Real Estate Investment Trust

InnVest Real Estate Investment Trust

March 19, 2007 11:56 ET

InnVest Real Estate Investment Trust Announces Monthly Distribution

TORONTO, ONTARIO--(Marketwire - March 19, 2007) - InnVest Real Estate Investment Trust announced today that a distribution of $0.09375 per unit has been declared to the unitholders of record as at the close of business on March 30, 2007, payable on April 16, 2007.

InnVest REIT holds Canada's largest hotel portfolio together with an interest in Choice Hotels Canada Inc. the largest franchisor of hotels in Canada. The hotel portfolio currently comprises 137 hotel properties, with 15,661 guest rooms, operated under internationally recognized franchise brands such as Comfort Inn®, Holiday Inn®, Quality Suites/Inn®, Radisson®, Delta®, Travelodge®, Hilton® and Best Western®. InnVest's trust units and outstanding convertible debentures trade on the Toronto Stock Exchange under the symbols INN.UN, INN.DB.A and INN.DB.B, respectively.

SEDAR: 00018005E

Contact Information

  • Kenny Gibson
    President and Chief Executive Officer
    (905) 206-7100
    (905) 206-7114 (FAX)
    Tamara L. Lawson
    Chief Financial Officer and Secretary
    (905) 206-7100
    (905) 206-7114 (FAX)