PROREIT announces February 2014 distribution and certain other business disclosures.

19 February 2014

PRO Real Estate Investment Trust announced today that a cash distribution of $0.0175 per trust unit of the REIT (“Units”) for the month of February, 2014 will be payable on March 17, 2014 to unitholders of record as at February 28, 2014.

Unitholders can participate in PROREIT’s distribution reinvestment plan (the “DRIP”). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Units issued from treasury and will also receive bonus Units equal in value to 3% of their monthly cash distributions. Complete details of the DRIP are available from a unitholder’s investment advisor.

Other Matters
PROREIT also advises that it has retained the services of Renmark Financial Communications Inc. (“Renmark”) to handle certain of its investor relations communications and reinforce and enhance PROREIT’s profile in the investment community. The agreement with Renmark is on a month to month basis and a monthly fee of $4,000 is payable to Renmark. Renmark does not have any interest, directly or indirectly, in PROREIT or its securities, or any right or intent to acquire such an interest.

In addition, the REIT announces that on February 18, 2014, following a recommendation of its governance and nominating committee, it granted 182,915 deferred units to certain trustees, officers, consultants and employees pursuant to the REIT’s long term incentive plan. The number of dererred units granted was based on a price of $2.40 per unit.

About PROREIT
PROREIT (www.proreit.com) is an unincorporated open-ended real estate investment trust established in March, 2013 pursuant to a declaration of trust under the laws of the Province of Ontario to own a portfolio of diversified commercial real estate properties in Canada, with a focus on primary and secondary markets in Québec, Atlantic Canada and Ontario. The current portfolio is comprised of nine properties with approximately 400,000 square feet of commercial gross leasable area.

NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES.

For further information:
PRO Real Estate Investment Trust
James W. Beckerleg
President and Chief Executive Officer
514-933-9552

PRO Real Estate Investment Trust
Gordon G. Lawlor, CA
Chief Financial Officer
514-933-9552

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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