Dundee REIT May 2012 Monthly Distribution

TORONTO, ONTARIO — (Marketwire) — 05/17/12 — DUNDEE REIT (TSX: D.UN) today announced a cash distribution of $0.183 per REIT Unit, Series A for the month of May. The May distribution will be payable on June 15, 2012 to unitholders of record as at May 31, 2012.

Dundee REIT is an unincorporated, open-ended real estate investment trust and provides high quality, affordable business premises. It is focused on owning, acquiring, leasing and managing mid-sized urban and suburban office and industrial properties. Dundee REIT-s portfolio currently consists of approximately 26.7 million square feet of gross leasable area, located across Canada. Dundee REIT-s portfolio is well diversified by geographic location and tenant mix. For more information, please visit .

Contacts:
Dundee Real Estate Investment Trust
Michael J. Cooper
Vice Chairman and Chief Executive Officer
(416) 365-5145

Dundee Real Estate Investment Trust
Mario Barrafato
Senior Vice-President and Chief Financial Officer
(416) 365-4132

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