Adventus Announces July 2019 Distribution

July 25, 2019

Adventus Opportunity Fund ("AOF") by its Trustee, Adventus Opportunity Services Inc. ("Adventus" or the "Company") is pleased to announce that the Board of Trustees has approved the July 2019 monthly distribution of US $0.0525 per unit (annualized at US $0.63 per unit). The distribution will be payable on August 15, 2019 to unitholders of record as of July 31, 2019.

As announced in our news release of July 23, 2019, the Company terminated its Distribution Reinvestment Plan (the "Plan"), pursuant to which unitholders had been able to elect to receive cash distributions in the form of additional AOF Units in lieu of the cash payment.

DRIP participants as of the termination date, July 23, 2019, will receive certificates for whole AOF Units held for the participants’ account under the DRIP and cash payments will be made for any fractional AOF Units held under the DRIP.

As announced in our news release of July 19, 2019, the approved plan of arrangement will result in the merger of Adventus Realty Trust ("ART") and AOF. Holders of units of AOF will receive, for each AOF Unit held, 0.6651 of an ART Unit. Following customary closing considerations, the plan of arrangement is expected to be completed with an effective date of August 1, 2019.

Following the completion of the plan of arrangement, unitholders are eligible to enroll their ART Units in the ART distribution reinvestment plan. The ART distribution reinvestment plan and enrollment forms can be accessed on the ART website as follows: https://trust.adventusrealty.com/investors/unitholder-information.

About Adventus

Adventus is a Canadian based private Real Estate Investment Trust (REIT) and is focused on US income producing commercial real estate in select suburban office markets. For more information on Adventus, including our team, corporate strategy, photo gallery, details of our portfolio and press releases, we invite you to visit our website at www.adventusrealty.com.

Cautionary Statements Regarding Forward-Looking Statements

This press release may contain forward-looking statements with respect to the REIT and its operations, strategy, financial performance and financial condition, as well as with respect to the previously disclosed acquisitions and future acquisitions of properties. These statements generally can be identified by the use of forward-looking terminology such as "anticipate", "believe", "plan", "forecast", "expect", "intend", "would", "could", "if", "may" and similar expressions. The actual results and performance of the REIT discussed herein could differ materially from those expressed or implied by such statements. Accordingly, readers should not place undue reliance on forward-looking statements. These cautionary statements qualify all forward-looking statements attributable to the REIT and persons acting on its behalf. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, changes in interest rates, competition and changes in securities or other laws or regulations or the application thereof. The cautionary statements qualify all forward-looking statements attributable to the REIT and persons acting on its behalf.

Unless otherwise stated, all forward-looking statements speak only as of the date of this press release. Except as required by applicable law, the REIT specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

ADVENTUS OPPORTUNITY FUND
By its Trustee: ADVENTUS OPPORTUNITY SERVICES INC.
Per: Rodney B. Johnston, FCPA, FCA
President and Chief Executive Officer

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