Business NewsMarketWire • Whiterock REIT Completes Accretive Grocery Anchored Shopping Centre Acquisition in Ontario, Capping $334 Million of Accretive Acquisitions in the Summer of 2011

Whiterock REIT Completes Accretive Grocery Anchored Shopping Centre Acquisition in Ontario, Capping $334 Million of Accretive Acquisitions in the Summer of 2011

Whiterock REIT Completes Accretive Grocery Anchored Shopping Centre Acquisition in Ontario, Capping $334 Million of Accretive Acquisitions in the Summer of 2011

TORONTO, ONTARIO--(Marketwire - Sept. 9, 2011) - Whiterock Real Estate Investment Trust ("Whiterock") (TSX:WRK.UN) announced that it completed the purchase of a Sobeys long-term leased shopping centre in Tillsonburg, Ontario for approximately $7.5 million (before closing costs). Management expects the acquisition to be accretive to annualized on-going adjusted funds from operations ("AFFO") per unit. The first full quarter impact of this increase to AFFO per unit is expected to be realized commencing in the fourth quarter of 2011.

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