/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./
MONTREAL, June 18 /CNW/ - Homburg Canada Real Estate Investment Trust ("HCR") (TSX: HCR.UN) announced today that, as previously announced in connection with the closing of its initial public offering, a cash distribution of $0.09705 per unit of HCR (the "Units") for the period from May 25, 2010 to June 30, 2010 will be payable on July 15, 2010 to unitholders of record as at June 30, 2010. HCR intends to make subsequent monthly distributions in the estimated amount of $0.07917 per Unit commencing on August 15, 2010.
About Homburg Canada Real Estate Investment Trust
Homburg Canada Real Estate Investment Trust is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Quebec. Managed internally, HCR owns a portfolio of Canadian income-producing commercial properties, comprised mainly of retail and office properties with certain industrial properties, as well as certain income-producing multi-family residential properties. The properties comprise approximately 6.6 million square feet of commercial gross leasable area and 1,725 multi-family residential units located in Québec, Atlantic Canada, Western Canada and Ontario.
This press release contains forward-looking statements which reflect the REIT's current expectations regarding future events. The forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The REIT disclaims any obligation to update these forward-looking statements, except as required by law.
SOURCE HOMBURG CANADA REAL ESTATE INVESTMENT TRUST
For further information: For further information: James W. Beckerleg, President and Chief Executive Officer, Homburg Canada Real Estate Investment Trust, 514-841-9725 ext. 358; Paul de la Plante, NATIONAL Public Relations, 514-843-2332; Gordon G. Lawlor, CA, Chief Financial Officer, Homburg Canada Real Estate Investment Trust, 514-841-9725 ext. 313