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    October 12, 2021
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DAKOTA REIT Invest. Protect. Diversify. Grow. DISTRIBUTION DECLARATION The Board of Trustees for Dakota Real Estate Investment Trust is pleased to announce its quarterly distribution at 205 cents per share, (5.13% rate of return) payable October 7, 2021 to shareholders of record as of September 30, 2021. Dakota REIT has paid distributions for 23 years and this is its 96th consecutive quarterly distribution. Dakota REIT is a North Dakota Real Estate Investment Trust. Corporate Office 3003 32nd Ave. South, Suite 250, Fargo, ND 58103 (701) 239-6879 www.dakotareit.com DAKOTA REIT Invest. Protect. Diversify. Grow. DISTRIBUTION DECLARATION The Board of Trustees for Dakota Real Estate Investment Trust is pleased to announce its quarterly distribution at 205 cents per share, (5.13% rate of return) payable October 7, 2021 to shareholders of record as of September 30, 2021. Dakota REIT has paid distributions for 23 years and this is its 96th consecutive quarterly distribution. Dakota REIT is a North Dakota Real Estate Investment Trust. Corporate Office 3003 32nd Ave. South, Suite 250, Fargo, ND 58103 (701) 239-6879 www.dakotareit.com