/NOT FOR DISSEMINATION OVER UNITED STATES NEWSWIRE SERVICES/
All amounts are expressed in US dollars
TORONTO, June 19 /CNW/ - IPC US REIT (TSX: US$:IUR.U, C$:IUR.UN)
announced today that a distribution of US6.67 cents per unit has been
declared, payable on July 16, 2007, to the unitholders of record on June 29,
A unitholder who holds US-dollar-quoted units under the symbol "IUR.U"
will be paid the distribution in US dollars. A unitholder who holds
Canadian-dollar-quoted units under the symbol "IUR.UN" will be paid the
distribution in Canadian dollars based on the exchange rate on July 16, 2007.
A unitholder who wishes to receive the distribution in Canadian dollars
should contact his or her broker prior to June 29, 2007 to ensure that the
units are Canadian dollar quoted units.
About IPC US REIT
IPC US REIT is the only real estate investment trust in Canada that
invests exclusively in U.S. commercial real estate. The REIT beneficially owns
an 87.0% interest in IPC (US), Inc. ("IPC US") which has ownership interests
in a portfolio of 35 office buildings, comprising a total of 9.6 million
square feet of rentable space.
The units of the REIT are listed on the Toronto Stock Exchange under the
symbol "IUR.UN" for Canadian dollar quoted units and "IUR.U" for US dollar
quoted units. For more information on IPC US REIT, please visit the REIT's
website at www.ipcreit.com.
For further information:
For further information: Y. Dov Meyer, Chief Investment Officer, IPC US
REIT, Tel: (416) 929-0514, Fax: (416) 929-5314, firstname.lastname@example.org