Nobel REIT Announces May Distribution

MONTREAL, May 20, 2015 /CNW Telbec/ - (TSXV: NEL.UN) The Nobel Real Estate Investment Trust (the « REIT » or « Nobel REIT ») is pleased to announce today a cash distribution of $0.001716 per trust unit of the REIT for the month of May 2015. The distribution will be payable on June 15, 2015 to unitholders of record as at May 29, 2015.

About Nobel REIT

Nobel REIT is an unincorporated open-ended real estate investment trust governed by the laws of the Province of Québec. Nobel REIT has been created for the purpose of acquiring and owning income producing properties. The REIT will focus on acquiring commercial retail, mixed-used retail, and industrial and suburban office properties in the primary and secondary markets in the Province of Québec. Nobel REIT currently owns nine properties located in Québec, comprising 422,904 square feet of gross leasable area.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Nobel Real Estate Investment Trust

Louis Lemire, CPA, CA, Chief Financial Officer, Nobel Real Estate Investment Trust, 1185, Chemin du Tremblay, Suite 230, Longueuil, QC, J4N 1R4, Tel: [phone]; Renmark Financial Communications Inc., Barry Mire: [email protected], Mariam Ghoneim : [email protected], Tel.: [phone] or [phone], www.renmarkfinancial.com