InnVest Real Estate Investment : REIT Reminds Debentureholders of Voting Cut Off for Upcoming Meetings

550dbd63-a77d-4f00-8a53-7aaf246af9d6.pdf For Immediate Release INNVEST REAL ESTATE INVESTMENT TRUST REMINDS DEBENTUREHOLDERS OF VOTING CUT-OFF FOR UPCOMING MEETINGS Toronto, Canada (June 21, 2016) - InnVest Real Estate Investment Trust ("InnVest") (TSX:INN.UN) would like to remind debentureholders of the following voting cut-offs to vote their debentures for the resolutions being considered at the upcoming meetings on June 28, 2016.

Proxy Cut-off to Vote	Meeting Time
Series E Debentureholders	12:00 pm (Toronto Time) Friday, June 24, 2016	12:00 pm (Toronto Time) Tuesday, June 28, 2016
Series F Debentureholders	1:00 pm (Toronto Time) Friday, June 24, 2016	1:00 pm (Toronto Time) Tuesday, June 28, 2016
Series G Debentureholders	2:00 pm (Toronto Time) Friday, June 24, 2016	2:00 pm (Toronto Time) Tuesday, June 28, 2016

Holders of debentures as of the record date of May 24, 2016 are entitled to vote for the resolutions being considered at the meetings. Debentureholders are urged to carefully read the information circular mailed to them in connection with the meetings. A copy of the information circular in addition to other meeting materials is available on SEDAR at www.sedar.com and on InnVest's website at www.innvestreit.com.

InnVest's Board of Trustees recommends a vote FOR all proposed resolutions.

YOUR VOTE IS IMPORTANT REGARDLESS OF THE NUMBER OF DEBENTURES YOU OWN. PLEASE VOTE TODAY.

Debentureholders who have any questions about the information contained in the management information circular or require assistance with voting should contact InnVest's Proxy Solicitor, Laurel Hill Advisory Group, toll-free at 1-877-452-7184 (416-304-0211 collect) or send an email to [e-mail].

TRUST PROFILE

InnVest Real Estate Investment Trust is an unincorporated open-ended real estate investment trust which owns a portfolio of 109 hotels across Canada representing over 14,500 guest rooms operated under internationally recognized brands. InnVest also holds a 50% interest in Choice Hotels Canada Inc., one of the largest franchisors of hotels in Canada.

InnVest's units and convertible debentures trade on the Toronto Stock Exchange (the "TSX") under the symbols INN.UN, INN.DB.E, INN.DB.F and INN.DB.G.

FOR FURTHER INFORMATION: Investors:

Drew Coles, Chief Executive Officer, Tel [phone]; or

Chantal Nappert, Vice President Finance and Investor Relations, Tel: [phone] Website: www.innvestreit.com

Media Inquiries:

Riyaz Lalani, Bayfield Strategy, Inc., Tel: [phone], [e-mail]

Randi Rahamim, Navigator Ltd., Tel: [phone], [e-mail]