Whiterock REIT Declares April, May, June 2011 Distributions


TORONTO, April 19 /CNW/ - Whiterock Real Estate Investment Trust ("Whiterock"), a growth oriented REIT with a significant presence in major markets and a high quality long-term leased revenue stream, announced today it has declared its distributions for the months of April, May and June 2011 as per the following schedule:

Month    Record Date   Distribution Date   Distribution Amount
April 2011   April 30, 2011   May 14, 2011   $0.0935
May 2011   May 31, 2011   June 15, 2011   $0.0935
June 2011   June 30, 2011   July 15, 2011   $0.0935

These distributions represent an annualized yield of approximately 8.1% based on the April 18, 2011 Unit closing price of $13.78.

At the close of business on April 18, 2011, Whiterock had 27,050,389 Units issued and outstanding.

Reinvestment Program

Whiterock's Distribution Reinvestment Plan allows Unitholders to purchase additional Units using their distributions, without brokerage fees, at 96% of the volume weighted average trading price for the ten days immediately preceding a distribution payment date.

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities legislation. These forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "estimate", "anticipate", "intend", "believe" or "continue", the negative forms thereof and similar expressions suggesting future outcomes or events. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. These statements are not guarantees of future events or performance and, by their nature, are based on Whiterock's estimates and assumptions, which are subject to known and unknown risks, uncertainties and other factors that may cause the actual events, results or prospects to be materially different from those expressed or implied herein. Readers are cautioned that a number of risks, uncertainties and other factors, including the risks discussed in Whiterock's various securities filings and including the section entitled "Risk Factors" in Whiterock's Annual Information Form, which can be obtained at www.sedar.com, could cause actual events, results or prospects to differ materially from those stated or implied. These risks, uncertainties and other factors should be considered carefully, and a reader should not place undue reliance on forward-looking statements, as there can be no assurance that actual events, results or prospects will be consistent with such statements.  Except as required by law, Whiterock does not undertake, and specifically disclaims, any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

SOURCE Whiterock Real Estate Investment Trust

For further information:


Frank Bucys, CFO, 416-907-4864
Esam El-Makkawy, 416-642-4726

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Whiterock Real Estate Investment Trust

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