Dundee REIT
TSX : D.UN

Dundee REIT

July 17, 2007 14:52 ET

Dundee REIT July 2007 Monthly Distribution

TORONTO, ONTARIO--(Marketwire - July 17, 2007) - DUNDEE REIT (TSX:D.UN) today announced a cash distribution of $0.183 per REIT Unit, Series A for the month of July. The July distribution will be payable on August 15, 2007 to unitholders of record as at July 31, 2007.

In connection with the recently announced transaction with GE Real Estate, the Distribution Reinvestment and Unit Purchase Plan ("DRIP") has been temporarily suspended. It is anticipated that the DRIP will be reinstated in January 2008.

Dundee REIT is an unincorporated, open-ended real estate investment trust and is Canada's leading provider of high quality, affordable business premises. It is focused on owning, acquiring, leasing and managing mid-sized urban and suburban office and industrial properties in Canada. Dundee REIT's diversified portfolio consists of approximately 22.2 million square feet of gross leasable area, located primarily in its target markets of Toronto, Ottawa, Montreal, Calgary and Edmonton. Dundee REIT's portfolio is well diversified by geographic location and tenant mix. For more information, please visit www.dundeereit.com.

Contact Information

  • DUNDEE REAL ESTATE INVESTMENT TRUST
    Michael J. Cooper
    Vice Chairman and Chief Executive Officer
    (416) 365-5145
    Email: mcooper@dundeereit.com
    or
    DUNDEE REAL ESTATE INVESTMENT TRUST
    J. Michael Knowlton
    President and Chief Operating Officer
    (416) 365-2325
    Email: mknowlton@dundeereit.com
    or
    DUNDEE REAL ESTATE INVESTMENT TRUST
    Mario Barrafato
    Senior Vice-President and Chief Financial Officer
    (416) 365-4132
    Email: mbarrafato@dundeereit.com