Canadian Real Estate Investment Trust Announces Officer Resignation

TORONTO, ON--(Marketwired - November 03, 2014) - (TSX: REF.UN) -- Canadian Real Estate Investment Trust ("CREIT") today announced the resignation of Adam Paul, Executive Vice President, Investments and Leasing. Mr. Paul has accepted a position as President and Chief Executive Officer of another publicly-traded Canadian real estate entity. Mr. Paul's official departure date from CREIT will be determined in a manner to allow for an orderly transfer of his responsibilities.

Stephen Johnson, President and Chief Executive Officer of CREIT said: "On behalf of everyone at CREIT I want to thank Adam for his tremendous contributions over the past 10 years. We all wish him well as he embarks on the next stage of his career."

About CREIT

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, office and industrial properties.