Dundee REIT November 2008 Monthly Distribution

Tue Nov 18, 5:12 PM

TORONTO, ONTARIO--(Marketwire - Nov. 18, 2008) - DUNDEE REIT (TSX: D-UN.TO) today announced a cash distribution of $0.183 per REIT Unit, Series A for the month of November. The November distribution will be payable on December 15, 2008 to unitholders of record as at November 28, 2008.

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 in Canada. Dundee REIT's portfolio currently consists of approximately 7.2 million square feet of gross leasable area, located primarily in Western Canada. Dundee REIT's portfolio is well diversified by geographic location and tenant mix. For more information, please visit www.dundeereit.com.

Contacts

Michael J. Cooper
Dundee Real Estate Investment Trust
Vice Chairman and Chief Executive Officer
(416) 365-5145
Email: mcooper@dundeereit.com

J. Michael Knowlton
Dundee Real Estate Investment Trust
President and Chief Operating Officer
(416) 365-2325
Email: mknowlton@dundeereit.com

Mario Barrafato
Dundee Real Estate Investment Trust
Senior Vice-President and Chief Financial Officer
(416) 365-4132
Email: mbarrafato@dundeereit.com
Website: www.dundeereit.com