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Press release from Marketwire

Canadian Real Estate Investment Trust Announces August 2011 Distribution

Tuesday, August 16, 2011

Canadian Real Estate Investment Trust Announces August 2011 Distribution09:57 EDT Tuesday, August 16, 2011TORONTO, ONTARIO--(Marketwire - Aug. 16, 2011) - Canadian Real Estate Investment Trust ("CREIT") (TSX:REF.UN) today announced its August 2011 monthly distribution in the amount of 12.00 cents per unit (C$1.44 annualized). The August distribution will be payable on September 15, 2011 to Unitholders of record August 31, 2011.CREIT is a real estate investment trust focused on accumulating a portfolio of high-quality real estate assets and delivering the benefits of real estate ownership to Unitholders. The primary benefit is a reliable and, over time, increasing monthly cash distribution. CREIT owns a diversified portfolio of retail, office and industrial properties.FOR FURTHER INFORMATION PLEASE CONTACT: Tim McSorleyCanadian Real Estate Investment TrustVice President and CFO416-628-7790tmcsorley@creit.cawww.creit.ca