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TORONTO,
April 17, 2014 /CNW/ - Inovalis Real
Estate Investment Trust (the "REIT") (TSX: INO.UN) announced
today that its Board of Trustees has declared the REIT's monthly
cash distribution of CDN$0.06875 per
unit for the period from April 1,
2014 to April 30, 2014. The
distribution will be payable on May 15,
2014 to unitholders of record as of the close of business on
April 30, 2014. Distributions paid to
unitholders who are non-residents of Canada will be subject to applicable Canadian
withholding tax.
About Inovalis Real Estate Investment
Trust
Inovalis Real Estate Investment Trust is an
unincorporated, open-ended real estate investment trust established
pursuant to a declaration of trust under the laws of the Province
of Ontario. The REIT has been
created for the purpose of acquiring and owning office properties
primarily located in France and
Germany but also opportunistically
in other European countries where assets meet the REIT's investment
criteria. The REIT currently owns an interest in four office
properties in France and
Germany, comprising 529,267 square
feet (49,170 square metres) of gross leasable area.
SOURCE Inovalis Real Estate Investment Trust