Interim Preference Share Dividend

25 May 2011

Invista European Real Estate Trust SICAF ('IERET' or the 'Company')

Interim Preference Share Dividend

The Directors of Invista European Real Estate Trust SICAF are pleased to declare the Interim dividend (third semi-annual Preference Share dividend), in respect of the period from 25 December 2010 to the payment date of 24 June 2011.

This interim dividend of £0.04488 per Preference Share will be paid on 24 June 2011 to Preference Shareholders on the Register on Friday 3 June 2011. The shares will be quoted ex-dividend on Wednesday 1 June 2011.

For further information, please contact:

Marta Kozinska

Citco REIF Services (Luxembourg) S.A.

+352 47 23 23 267