Huntingdon REIT announces July 2008 distribution

WINNIPEG, July 18 /CNW/ - Huntingdon Real Estate Investment Trust ("HREIT") (TSX: HNT-UN.TO) announced today a distribution of $0.02333 per unit ($0.28 per unit on an annualized basis) for the month of July 2008. Payment will be made on August 15, 2008 to the Unitholders of record as of July 30, 2008.

HREIT is a real estate investment trust, which is listed on the Toronto Stock Exchange under the symbols HNT.UN (trust units) and HNT.DB.C (convertible debentures). HREIT owns 79 income producing properties that have a total gross leaseable owned area of 5.4 million square feet, one property under development, two land parcels held for development and other development and expansion opportunities within the existing portfolio. The properties are located in Manitoba, Ontario, Saskatchewan, Alberta, British Columbia and Northwest Territories. HREIT also owns a third party property management business. There are currently 72,399,756 trust units outstanding. For further information on HREIT, please visit our website at www.hreit.ca.

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Contacts

Arni Thorsteinson
President & Chief Executive Officer
or Gino Romagnoli
Investor Relations
Tel: (204) 475-9090
Fax: (204) 452-5505
Email: info@hreit.ca