Canadian Real Estate Investment Trust

Canadian Real Estate Investment Trust

March 16, 2005 13:33 ET

Canadian Real Estate Investment Trust Announces March 2005 Distribution


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CANADIAN REAL ESTATE INVESTMENT TRUST

TSX SYMBOL: REF.UN

MARCH 16, 2005 - 13:33 ET

Canadian Real Estate Investment Trust Announces March
2005 Distribution

TORONTO, ONTARIO--(CCNMatthews - March 16, 2005) - Canadian Real Estate
Investment Trust ("CREIT") (TSX:REF.UN) today announced its March 2005
monthly distribution in the amount of 10.50 cents per unit ($1.26
annualized). The March distribution will be payable on April 14, 2005 to
Unitholders of record March 31, 2005.

CREIT is a real estate investment trust that is dedicated to building
wealth for its Unitholders through reliable monthly cash distributions
and long-term value enhancement. CREIT owns a portfolio of more than 132
retail, office and industrial properties. Its disciplined approach
manages risk while delivering attractive long-term returns.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Canadian Real Estate Investment Trust
    Archna Mathur
    Director of Finance
    (416) 628-7865
    amathur@creit.ca
    www.creit.ca