Canadian Real Estate Investment Trust
TSX : REF.UN

Canadian Real Estate Investment Trust

July 16, 2007 10:52 ET

Canadian Real Estate Investment Trust Announces July 2007 Distribution

TORONTO, ONTARIO--(Marketwire - July 16, 2007) - Canadian Real Estate Investment Trust (TSX:REF.UN)("CREIT") today announced its July 2007 monthly distribution in the amount of 11.08 cents per unit (C$1.33 annualized). The July distribution will be payable on August 15, 2007 to Unitholders of record July 31, 2007.

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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