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Press release from Marketwire

Dundee REIT July 2011 Monthly Distribution

Monday, July 18, 2011

Dundee REIT July 2011 Monthly Distribution13:47 EDT Monday, July 18, 2011TORONTO, ONTARIO--(Marketwire - July 18, 2011) - 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, 2011 to unitholders of record as at July 29, 2011.Dundee REIT is an unincorporated, open-ended real estate investment trust and provides high quality, affordable business premises. It is focused on owning, acquiring, leasing and managing mid-sized urban and suburban office and industrial properties. Dundee REIT's portfolio currently consists of approximately 16.1 million square feet of gross leasable area, located across Canada. Dundee REIT's portfolio is well diversified by geographic location and tenant mix. For more information, please visit www.dundeereit.com.FOR FURTHER INFORMATION PLEASE CONTACT: Michael J. CooperDUNDEE REAL ESTATE INVESTMENT TRUSTVice Chairman and Chief Executive Officer(416) 365-5145mcooper@dundeereit.comORMario BarrafatoDUNDEE REAL ESTATE INVESTMENT TRUSTSenior Vice-President and Chief Financial Officer(416) 365-4132mbarrafato@dundeereit.com