TORONTO, ON--(Marketwired - January 16, 2017) - Canadian Real Estate Investment
Trust ("CREIT") (TSX: REF.UN) today announced its January 2017 monthly distribution in the amount
of 15.25 cents per unit (C$1.83 annualized). The January distribution will be payable on February 14, 2017 to Unitholders of
record as at January 31, 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.