TORONTO, ONTARIO--(Marketwire - Sept. 17, 2012) - Calloway Real Estate Investment Trust ("Calloway") (TSX:CWT.UN) announced that the trustees of the REIT have declared a distribution for the month of September 2012 of CDN$0.129 per trust unit, representing CDN$1.548 per unit on an annualized basis. Payment will be made on October 15, 2012 to unitholders of record on September 28, 2012.

About Calloway

Calloway is one of Canada's largest real estate investment trusts with an enterprise value of approximately $6 billion. It owns and manages approximately 26 million square feet in 118 value-oriented retail centres having the strongest national and regional retailers, as well as strong neighbourhood merchants. Calloway's vision is to provide a value-oriented shopping experience to Canadian consumers. For more information on Calloway, visit [ www.callowayreit.com ].

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