Canadian Real Estate Investment Trust Announces December 2016 Distribution

TORONTO, ON--(Marketwired - December 15, 2016) - Canadian Real Estate Investment Trust ("CREIT") (TSX: REF.UN) today announced its December 2016 monthly distribution in the amount of 15.25 cents per unit (C$1.83 annualized). The December distribution will be payable on January 16, 2017 to Unitholders of record as at December 30, 2016.

CREIT is a real estate investment trust focused on accumulating and aggressively managing 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 diversified portfolio of retail, industrial and office properties.