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Press release from CNW Group

KEYreit announces October 2012 distribution

Wednesday, October 17, 2012

TORONTO, Oct. 17, 2012 /CNW/ - KEYreit (TSX: KRE.UN) today announced a cash distribution of $0.05 per unit for the month of October 2012. The distribution will be payable on November 15, 2012 to Unitholders of record on October 31, 2012.

About KEYreit

KEYreit (TSX: KRE.UN) (formerly Scott's Real Estate Investment Trust) is Canada's premier small-box retail property owner with 232 properties in nine provinces across Canada. KEYreit's properties are well located and geographically diverse across Canada with the majority of all properties containing long-term quadruple net leases.

To find out more about KEYreit (TSX: KRE.UN), visit our website at www.keyreit.com

SOURCE: KEYreit

For further information:

For investor information, please contact:
Teresa Neto
Chief Financial Officer
416-361-9953
teresa.neto@keyreit.com

For media information, please contact:
Trevor Boudreau
778-991-7412
trevor.boudreau@keyreit.com