CROMBIE REIT ANNOUNCES MONTHLY DISTRIBUTION

STELLARTON, NS, Dec. 20 /CNW/ – Crombie Real Estate Investment Trust ("Crombie REIT") (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from December 1, 2010 to and including December 31, 2010. The distribution will be payable on January 17, 2011 to unitholders of record as at December 31, 2010.

About Crombie Real Estate Investment Trust

Crombie Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. The trust invests in income-producing retail, office and mixed-use properties in Canada, with a future growth strategy focused primarily on the acquisition of retail properties. Crombie REIT currently owns a portfolio of 130 commercial properties in eight provinces, comprising approximately 12.0 million square feet of gross leasable area. More information about Crombie REIT can be found at www.crombiereit.com.

Contact: Glenn Hynes, C.A., Chief Financial Officer and Secretary, Crombie REIT, (902) 755-8100