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Press release from Marketwire

InnVest Real Estate Investment Trust to Release Its First Quarter Earnings

Monday, April 23, 2012

InnVest Real Estate Investment Trust to Release Its First Quarter Earnings20:59 EDT Monday, April 23, 2012TORONTO, ONTARIO--(Marketwire - April 23, 2012) - InnVest Real Estate Investment Trust ("InnVest") (TSX:INN.UN) will release its first quarter results on Friday, May 11th, 2012 to be followed by a conference call at 11:00 am Eastern Time. Participating on the call will be members of InnVest senior management.Investors are invited to access the call by dialing 416-340-2216 or 1-866-226-1792. You will be required to identify yourself and the organization on whose behalf you are participating. A recording of this call will be made available May 11th, beginning at 1:00 pm through to 11:59 p.m. on May 18th. To access the recording please call 905-694-9451 or 1-800-408-3053 and use the reservation number 7573534#.TRUST PROFILEInnVest Real Estate Investment Trust (the "REIT") is an unincorporated open-ended real estate investment trust which owns a portfolio of 143 hotels across Canada representing approximately 19,000 guest rooms operated under internationally recognized brands. The REIT leases its hotels to InnVest Operations Trust ("IOT"), a taxable investment trust. IOT indirectly holds all of the hotel operating assets, earns revenues from hotel customers and pays rent to the REIT. IOT also holds a 50% interest in Choice Hotels Canada Inc., one of the largest franchisors of hotels in Canada, and earns revenues from franchising fees. Each issued and outstanding REIT unit trades together with a non-voting unit of IOT as a "stapled unit" on the Toronto Stock Exchange (the "TSX") under the symbol INN.UN. InnVest REIT's convertible debentures trade on the TSX under the symbols INN.DB.B, INN.DB.C, INN.DB.D, INN.DB.E and INN.DB.F.FOR FURTHER INFORMATION PLEASE CONTACT: Kenneth D. GibsonInnVest Real Estate Investment TrustPresident and Chief Executive Officer(905) 206-7100(905) 206-7114 (FAX)ORTamara L. LawsonInnVest Real Estate Investment TrustChief Financial Officer and Secretary(905) 206-7100(905) 206-7114 (FAX)www.innvestreit.com