Real Estate — January 21, 2013

Dundee Industrial REIT January 2013 Monthly Distribution

TORONTO, ONTARIO--(Marketwire - Jan. 21, 2013) - DUNDEE INDUSTRIAL REIT (TSX:DIR.UN) today announced a cash distribution in the amount of $0.05625 per Unit for the month of January. The January distribution will be payable on February 15, 2013 to unitholders of record as at January 31, 2013.

Dundee Industrial REIT is an unincorporated, open-ended real estate investment trust that provides an opportunity for investors to gain direct exposure to the industrial real estate sector. Dundee Industrial REIT's portfolio currently consists of approximately 11.4 million square feet of gross leasable area of light industrial properties across Canada. For more information, please visit www.dundeeindustrial.com.

Contact Information

Dundee Industrial REIT
Scott Hayes
President and Chief Executive Officer
(416) 365-5265
shayes@dundeeindustrial.com

Dundee Industrial REIT
Mario Barrafato
Chief Financial Officer
(416) 365-4132
mbarrafato@dundeeindustrial.com
www.dundeeindustrial.com

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