Canadian Real Estate Investment Trust Announces January 2013 Distribution

TORONTO, ONTARIO--(Marketwire - Jan. 16, 2013) - Canadian Real Estate Investment Trust ("CREIT") (TSX:REF.UN) today announced its January 2013 monthly distribution in the amount of 12.42 cents per unit (C$1.49 annualized). The January distribution will be payable on February 14, 2013 to Unitholders of record January 31, 2013.

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

Please visit our website at www.creit.ca.