Homburg Invest Inc. Closes $34.5 Million Secondary Offering of Units of Homburg Canada Real Estate Investment Trust

/Not for dissemination in the United States or distribution through United States news or wire service/

HALIFAX, Sept. 13, 2011 /CNW Telbec/ - Homburg Invest Inc. ("HII") (TSX: HII.A & HII.B and NYSE Euronext Amsterdam: HII) announced today the closing of its previously announced participation as a selling unitholder in the bought deal financing of Homburg Canada Real Estate Investment Trust (the "REIT"). HII completed the sale of 3,000,000 units of the REIT (the "Units") to a syndicate of underwriters led by TD Securities Inc. at a price of $11.50 per Unit for gross proceeds to HII of $34,500,000. The sale of the Units was made pursuant to the terms of an underwriting agreement which contained customary terms and conditions with the syndicate of underwriters. Concurrent with the sale of the Units by HII, the REIT completed the issuance and sale of 3,325,000 Units at the same price per Unit for gross proceeds to the REIT of $38,237,500.

Following closing of the offering and pursuant to the exercise of the over-allotment option in full by the syndicate of underwriters, HII currently holds a 16.1% interest in the REIT through the ownership of 8,813,866 Units. HII has no current intention to acquire ownership of, or control over, additional securities of the REIT but may from time to time acquire additional securities of the REIT or dispose of some of the securities of the REIT that it holds.

This press release is not an offer of securities for sale in the United States.  The units being offered have not been and will not be registered under the United States Securities Act of 1933 and accordingly are not being offered for sale and may not be offered, sold or delivered, directly or indirectly within the United States, its possessions and other areas subject to its jurisdiction or to, or for the account or for the benefit of a U.S. person, except pursuant to an exemption from the registration requirements of that Act.

About Homburg Invest Inc.

Homburg Invest Inc. owns and develops a diversified portfolio of quality real estate including office, retail, industrial and residential apartment and townhouse properties throughout Canada, the United States and Europe. Its head office is located in Halifax, Nova Scotia.


For further information:

Caroline Martel
NATIONAL Public Relations

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