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| Press Release

Canadian Real Estate Investment Trust Announces September 2017 Distribution

TORONTO, Sept. 14, 2017 (GLOBE NEWSWIRE) -- Canadian Real Estate Investment Trust (“CREIT”) (TSX:REF.UN) today announced its September 2017 monthly distribution in the amount of 15.58 cents per unit (C$1.87 annualized). The September distribution will be payable on October 16, 2017 to Unitholders of record as at September 29, 2017.

CREIT is a real estate investment trust focused on accumulating and aggressively managing 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, industrial and office properties.

For further information:

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Mario Barrafato
Executive Vice President and
Chief Financial Officer

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