InnVest Real Estate Investment Trust announces monthly distribution



    TORONTO, April 20 /CNW/ - InnVest Real Estate Investment Trust
("InnVest")(TSX:INN.UN) announced today that a distribution of $0.0625 per
unit has been declared to the Unitholders of record as at the close of
business April 30, 2009, payable on May 15, 2009.

    TRUST PROFILE

    InnVest holds Canada's largest hotel portfolio together with an interest
in Choice Hotels Canada Inc. the largest franchisor of hotels in Canada. The
hotel portfolio currently comprises 146 hotel properties, with over 19,000
guest rooms, operated under internationally recognized franchise brands such
as Comfort Inn(R), Holiday Inn(R), Quality Suites/Inn(R), Radisson(R),
Delta(R), Travelodge(R), Hilton(R) Staybridge Suites(R), Fairmont Hotels(R),
Sheraton Suites(R) and Best Western(R). InnVest's trust units and outstanding
convertible debentures trade on the Toronto Stock Exchange under the symbols
INN.UN, INN.DB.A, INN.DB.B and INN.DB.C, respectively.

    %SEDAR: 00018005E




For further information:

For further information: Kenneth Gibson, President and Chief Executive
Officer; Tamara Lawson, Chief Financial Officer and Corporate Secretary, Tel:
(905) 206-7100, Fax: (905) 206-7114, Website: www.innvestreit.com

Organization Profile

InnVest Real Estate Investment Trust

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