/Not for dissemination in the United States or distribution through
United States news or wire service/
MONTREAL, Jan. 25, 2012 /CNW Telbec/ - Homburg Invest Inc. (NYSE
Euronext Amsterdam: HII) ("Homburg Invest" or the "Company") announces
that it has sold through the facilities of the Toronto Stock Exchange
500,000 units of CANMARC Real Estate Investment Trust (the "REIT") on
January 23, 2012, and an additional 500,000 REIT units on January 24,
2012, respectively for gross proceeds per REIT unit of $16.54 and
Following the above mentioned dispositions of REIT units, Homburg Invest
currently holds a 14.26% interest in the REIT through the ownership of
7,813,866 REIT units.
Homburg Invest is reviewing on a continuous basis all its options and no
decision has been made at this time regarding any additional sale of
As previously announced, the Company and certain of its affiliates is
currently under the protection of the Canadian Companies' Creditors Arrangement Act. All Courts applications and orders as well as a copy of the Monitor's
reports are posted by the Monitor on its website at the following
address: http://www.deloitte.com/ca/homburg-invest. The Monitor's contact information is also available on its website.
In addition, additional information about the CCAA process is available
at: www.homburginvestinformation.ca or www.homburginvestinformatie.nl. There is also a toll-free information line that Dutch residents may
call to receive additional information about the CCAA process. The
toll-free number for this information line is: 0800 023 0323.
About Homburg Invest
Homburg Invest Inc. owns and develops a diversified portfolio of quality
commercial real estate including office, retail, industrial and
development properties throughout Europe and the United States, as well
as an interest in CANMARC Real Estate Investment Trust.casashawn
SOURCE HOMBURG INVEST INC.
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