Real Estate — August 10, 2012

InnVest Real Estate Investment Trust Announces Monthly Distribution

TORONTO, ONTARIO--(Marketwire - Aug. 10, 2012) - InnVest Real Estate Investment Trust ("InnVest") (TSX:INN.UN) announced today that a distribution of $0.0333 per unit, payable on September 17, 2012, has been declared to the holders of record as at the close of business August 31, 2012.

TRUST PROFILE

InnVest is an unincorporated open-ended real estate investment trust which owns a portfolio of 140 hotels across Canada representing approximately 18,200 guest rooms operated under internationally recognized brands. InnVest also holds a 50% interest in Choice Hotels Canada Inc., one of the largest franchisors of hotels in Canada.

InnVest's units and convertible debentures trade on the Toronto Stock Exchange (the "TSX") under the symbols INN.UN, INN.DB.B, INN.DB.C, INN.DB.D, INN.DB.E and INN.DB.F.

Contact Information

InnVest Real Estate Investment Trust
Chantal Nappert
Executive Director, Investor Relations
(905) 624-7806
(905) 206-7114 (FAX)
www.innvestreit.com

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