TORONTO, ONTARIO--(Marketwire - Aug. 17, 2011) - DUNDEE REIT (TSX:D.UN) today announced a cash distribution of $0.183 per REIT Unit, Series A for the month of August. The August distribution will be payable on September 15, 2011 to unitholders of record as at August 31, 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 18.9 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. Cooper
DUNDEE REAL ESTATE INVESTMENT TRUST
Vice Chairman and Chief Executive Officer
(416) 365-5145
mcooper@dundeereit.com

OR

Mario Barrafato
DUNDEE REAL ESTATE INVESTMENT TRUST
Senior Vice-President and Chief Financial Officer
(416) 365-4132
mbarrafato@dundeereit.com
www.dundeereit.com