Press Release - CANMARC Real Estate Investment Trust announces December 2011 distribution

Montreal, Quebec. December 19, 2011 – CANMARC Real Estate Investment Trust (“CANMARC”) (TSX: CMQ.UN) announced today that a cash distribution of $0.07917 per unit of CANMARC (the “Units”) for the month of December, 2011 will be payable on January 16, 2012 to unitholders of record as at December 30, 2011.

Unitholders can participate in CANMARC’s distribution reinvestment plan (the “DRIP”). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Units issued from treasury and will also receive bonus Units equal in value to 3% of their monthly cash distributions. The DRIP offers unitholders the opportunity to steadily increase their ownership in CANMARC without incurring any commissions or brokerage fees. Complete details of the DRIP are available from a unitholder’s investment advisor.

About CANMARC Real Estate Investment Trust

CANMARC (www.canmarc.ca) is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Quebec. Managed internally, CANMARC owns a portfolio of Canadian income-producing commercial properties, consisting of retail and office properties with certain industrial properties. In total, CANMARC properties comprise approximately 8.8 million square feet of commercial gross leasable area and 464 multi-family residential units located in Quebec, Atlantic Canada, Western Canada and Ontario.

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