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Press release from Marketwire

Dundee Industrial REIT December 2012 Monthly Distribution

Tuesday, December 18, 2012

Dundee Industrial REIT December 2012 Monthly Distribution11:02 EST Tuesday, December 18, 2012TORONTO, ONTARIO--(Marketwire - Dec. 18, 2012) -DUNDEE INDUSTRIAL REIT (TSX:DIR.UN) today announced a cash distribution in the amount of $0.05625 per Unit for the month of December. The December distribution will be payable on January 15, 2013 to unitholders of record as at December 31, 2012.Dundee Industrial REIT is an unincorporated, open-ended real estate investment trust that provides an opportunity for investors to gain direct exposure to the industrial real estate sector. Dundee Industrial REIT's portfolio currently consists of approximately 6.2 million square feet of gross leasable area of light industrial properties across Canada. For more information, please visit www.dundeeindustrial.com. FOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: Dundee Industrial REITScott HayesPresident and Chief Executive Officer(416) 365-5265shayes@dundeeindustrial.comDundee Industrial REITMario BarrafatoChief Financial Officer(416) 365-4132mbarrafato@dundeeindustrial.comwww.dundeeindustrial.com