IOT Innovotech Inc

InnVest Real Estate Investment Trust (TSX:INN.UN) announced today that a
combined distribution of $0.0417 per stapled unit, payable on February 15, 2011,
has been declared to the holders of record as at the close of business January
31, 2011. The combined distribution is made up of a distribution of $0.035445
per unit of InnVest Real Estate Investment Trust and $0.006255 per non-voting
unit of InnVest Operations Trust.


TRUST PROFILE

InnVest Real Estate Investment Trust ("InnVest REIT") is an unincorporated
open-ended real estate investment trust which owns a portfolio of 144 hotels
across Canada representing approximately 19,000 guest rooms operated under
internationally recognized brands. InnVest REIT leases its hotels to InnVest
Operations Trust ("IOT"), a taxable trust. IOT directly and indirectly holds all
of the hotel operating assets, earns revenues from hotel customers and pays rent
to InnVest REIT. IOT also holds a 50% interest in Choice Hotels Canada Inc., the
largest franchisor of hotels in Canada, and earns revenues from franchising
fees.


Each issued and outstanding InnVest REIT unit trades together with a non-voting
unit of IOT as a "stapled unit" on the Toronto Stock Exchange (the "TSX") under
the symbol INN.UN. InnVest REIT's convertible debentures trade on the TSX under
the symbols INN.DB.B, INN.DB.C, INN.DB.D and INN.DB.E.

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