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InnVest Real Estate Investment Trust Announces Monthly Distribution

TORONTO, ONTARIO -- (Marketwired) -- 07/21/14 -- InnVest Real Estate Investment Trust ("InnVest") (TSX: INN.UN) announced today that a distribution of $0.0333 per unit, payable on August 15, 2014, has been declared to the holders of record as at the close of business July 31, 2014.

INNVEST PROFILE

InnVest Real Estate Investment Trust is an unincorporated open-ended real estate investment trust which owns a portfolio of 115 hotels across Canada representing over 14,000 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.D, INN.DB.E, INN.DB.F and INN.DB.G.

Contacts:
InnVest Real Estate Investment Trust
Chantal Nappert
Vice President, Finance and Investor Relations
(905) 624-7806
(905) 206-7114 (FAX)
www.innvestreit.com

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