TORONTO--(BUSINESS WIRE)--Agellan Commercial Real Estate Investment Trust ("Agellan" or the

"REIT") (TSX: ACR.UN) announced today that the Trustees of Agellan have

declared a distribution of $0.06458 per unit for the month of September,

2016, representing $0.775 per unit on an annualized basis. The

distribution will be payable on October 17, 2016 to unitholders http://www. Invest of

record as at September 30, 2016.

Agellan offers a distribution reinvestment plan ("DRIP") to unitholders

whereby the participants may elect to have their cash distributions used

to purchase trust units of the REIT. Unitholders wishing to participate

should contact their investment advisors to enroll in the DRIP.

About Agellan Commercial Real Estate Investment Trust

The REIT is an unincorporated, open-ended real estate investment trust

established pursuant to a declaration of trust under the laws of the

Province of Ontario. The REIT was created for the purpose of acquiring

and owning industrial, office and retail properties in select target

markets in the United States and Canada.

The REIT's current portfolio aggregates approximately 5 million square

feet of gross leasable area in 33 properties. The properties are

primarily located in major urban markets in the United States and Canada.