Dundee REIT

Dundee REIT

March 17, 2005 11:50 ET

Dundee REIT March 2005 Monthly Distribution


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DUNDEE REIT

TSX SYMBOL: D.UN

MARCH 17, 2005 - 11:50 ET

Dundee REIT March 2005 Monthly Distribution

TORONTO, ONTARIO--(CCNMatthews - March 17, 2005) - DUNDEE REIT
(TSX:D.UN) today announced a cash distribution of $0.183 per REIT Unit,
Series A for the month of March. The March distribution will be payable
on April 15, 2005 to unitholders of record as at March 31, 2005.

Dundee REIT is an unincorporated, open-ended real estate investment
trust. We are a provider of high quality, affordable business premises.
We focus on owning, acquiring, leasing and managing mid-sized urban and
suburban office and industrial properties in Canada. Our diversified
portfolio consists of approximately 13.6 million square feet of gross
leasable area, located primarily in our target markets of Toronto,
Ottawa, Montreal, Calgary and Edmonton. Our portfolio is well
diversified by asset type, geographic location and tenant mix. For more
information, please visit www.dundeereit.com.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    DUNDEE REAL ESTATE INVESTMENT TRUST
    Michael J. Cooper
    President and Chief Executive Officer
    (416) 365-5145
    mcooper@dundeereit.com
    or
    DUNDEE REAL ESTATE INVESTMENT TRUST
    J. Michael Knowlton
    Executive Vice-President and Chief Financial Officer
    (416) 365-2325
    mknowlton@dundeereit.com