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Agellan Commercial Real Estate Investment Trust Announces November 2018 Monthly Distribution

November 23, 2018

TORONTO--(BUSINESS WIRE)--Nov 23, 2018--Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of November 2018, representing $0.810 per unit on an annualized basis. The distribution will be payable on December 17, 2018 to unitholders of record as at November 30, 2018.

About Agellan Commercial Real Estate Investment Trust

The REIT 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 industrial, office and retail properties in select target markets in the United States and Canada.

The REIT’s 46 properties contain 8.3 million square feet of gross leasable area, with the REIT’s ownership interest at 7.0 million square feet. The properties are primarily located in major urban markets in the United States.

Additional information about the REIT is available at www.agellancommercialreit.com or www.sedar.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181123005251/en/

CONTACT: Frank Camenzuli, CEO

Agellan Commercial Real Estate Investment Trust

Tel: (416) 593-6800 x226

Fax: (416) 593-6700

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES REIT FINANCE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE

SOURCE: Agellan Commercial Real Estate Investment Trust

Copyright Business Wire 2018.

PUB: 11/23/2018 03:15 PM/DISC: 11/23/2018 03:15 PM

http://www.businesswire.com/news/home/20181123005251/en

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