Calloway Real Estate Investment Trust
TSX : CWR.UN
TSX : CWT.DB

Calloway Real Estate Investment Trust

May 18, 2007 11:10 ET

Calloway Real Estate Investment Trust Declares May 2007 Distribution

TORONTO, ONTARIO--(CCNMatthews – May 18, 2007) –

Attention Business/Financial Editors:

Calloway REIT (TSX: CWT.UN) (TSX: CWT.DB) today announced that the trustees of the REIT have declared a distribution for the month of May 2007 of $0.12500 per trust unit, representing $1.50 per unit on an annualized basis. Payment will be made on June 15, 2007 to unitholders of record on May 31, 2007.

Calloway Real Estate Investment Trust is an unincorporated open-end real estate investment trust created to invest in a geographically diversified portfolio of high quality retail shopping centres in Canada.

The Toronto Stock Exchange neither approves nor disapproves of the contents of this Press Release.

Contact Information

  • Calloway Real Estate Investment Trust
    Steve Liew
    Vice President - Finance
    (905) 326-6400 ext. 7798
    (905) 326-0783 (FAX)
    Email: sliew@callowayreit.com