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Press release from Marketwire

InnVest Real Estate Investment Trust Amends Quorum Requirements

Friday, June 04, 2010

InnVest Real Estate Investment Trust Amends Quorum Requirements11:50 EDT Friday, June 04, 2010TORONTO, ONTARIO--(Marketwire - June 4, 2010) - InnVest Real Estate Investment Trust ("InnVest")(TSX:INN.UN) today announced that, having considered recommendations from RiskMetrics Group ISS Proxy Advisory Services, InnVest has agreed to amend its declaration of trust following its upcoming Annual and Special Meeting such that the quorum requirements for meetings of unitholders will be at least two unitholders present in person and/or by proxy who together hold at least 25 per cent of the issued and outstanding units of InnVest. Previously, InnVest's quorum requirements outlined a minimum of two unitholders present in person and/or by proxy together holding at least 10 per cent of the issued and outstanding units of InnVest.With this amendment, it is InnVest's understanding that RiskMetrics will issue a revised report recommending voting FOR all resolutions at InnVest's unitholder meeting to be held on June 16, 2010.TRUST PROFILEInnVest holds Canada's largest hotel portfolio together with an interest in Choice Hotels Canada Inc. the largest franchisor of hotels in Canada. The hotel portfolio currently comprises 145 hotel properties, with approximately 19,000 guest rooms, operated under internationally recognized franchise brands such as Comfort Inn(R), Holiday Inn(R), Quality Suites/Inn(R), Radisson(R), Delta(R), Travelodge(R), Hilton(R) Staybridge Suites(R), Fairmont Hotels(R), Sheraton Suites(R) and Best Western(R). InnVest's trust units and outstanding convertible debentures trade on the Toronto Stock Exchange under the symbols INN.UN, INN.DB.A, INN.DB.B, INN.DB.C and INN.DB.D, respectively.FOR FURTHER INFORMATION PLEASE CONTACT: InnVest Real Estate Investment Trust Kenneth D. Gibson President and Chief Executive Officer (905) 206-7100 (905) 206-7114 (FAX) or InnVest Real Estate Investment Trust Tamara L. Lawson Chief Financial Officer and Secretary (905) 206-7100 (905) 206-7114 (FAX) www.innvestreit.com