Homburg Invest Inc. announces release date of December 31, 2008 Financial Statements

    Shares issued: Class A - 16,790,018 Class B - 3,150,239

    HALIFAX, Feb. 27 /CNW/ - (TSX: HII.A & HII.B and NYSE Euronext Amsterdam:
HII) - Mr. Richard Homburg, Chairman and CEO of Homburg Invest Inc. ("HII" or
"Homburg Invest") is pleased to announce:

    1) The December 31, 2008 Financial Statements and Managements Discussion
       and Analysis will be released March 26, 2009.

    2) An Analysts Call has been scheduled for March, 31, 2009, 10 AM AST.
       The conference call will be led and moderated by Mr. Richard Homburg,
       Chair and CEO of Homburg Invest with additional commentary by Mr.
       Richard Stolle, President and COO and Mr. Jamie Miles, VP and CFO.

    The conference call will be available globally through Verizon by
applying participant passcode HOMBURG through the following numbers:

    If calling from:

    Canada or the United States: Toll Free - 1-866-617-1526/
    Toll Charge 1-210-795-0624

    The Netherlands: Toll Free - 0800-343-4364/Toll Charge 31-20-717-6857

    Switzerland: Toll Free - 0800-001-214/Toll Charge 41-44-580-3896

    Apply the same participant passcode to the toll charge number should a
toll free number not apply to your location. For locations not listed above,
please contact Investor Relations at 902-468-3395 and a toll free number will
be provided to you should one apply for your location.
    A live audio webcast of the conference call will be accessible at
https://e-meetings.verizonbusiness.com, conference number 5539844, passcode
HOMBURG - under Participant Join, Join an Event.
    Approximately one hour after the conclusion of the conference call, a
replay will be available for 90 days on www.homburginvest.com.

    Homburg Invest, with its head office in Halifax, Nova Scotia, is an
international real estate investment and development company that owns a
diversified portfolio of quality real estate, including office, retail,
industrial and residential apartment and townhouse properties in Canada,
Europe and the United States. Homburg Invest also owns land assets for
development in Calgary and Edmonton, Alberta; Montreal, Quebec; and
Charlottetown, Prince Edward Island. In 2007, Homburg Invest completed
significant acquisitions totalling over approximately CAD$ 1.1 billion and as
of September 30, 2008 has assets of over CAD$ 4.0 billion with an approximate
aggregate of 20.2 million square feet of gross leasable area.

    This news release may contain statements which by their nature are
forward looking and express Homburg Invest's beliefs, expectations or
intentions regarding future performance, future events or trends. Forward
looking statements are made by Homburg Invest in good faith, given
management's expectations or intentions however, they are subject to market
conditions, acquisitions, occupancy rates, capital requirements, sources of
funds, expense levels, operating performance and other matters. Therefore,
forward looking statements contain assumptions which are subject to various
factors including: unknown risks and uncertainties: general economic
conditions; local market factors; performance of other third parties;
environmental concerns; and interest rates, any of which may cause actual
results to differ from Homburg Invest's good faith beliefs, expectations or
intentions which have been expressed in or may be implied from this news
release. Therefore, forward looking statements are not guarantees of future
performance and are subject to known and unknown risks. Information and
statements in this document, other than historical information, should be
considered forward-looking and reflect management's current views of future
events and financial performance that involve a number of risks and
uncertainties. Factors that could cause actual results to differ materially
include, but are not limited to, the following: general economic conditions
and developments within the real estate industry, competition and the
management of growth. The Toronto Stock Exchange has neither approved nor
disapproved of the information contained herein.
    %SEDAR: 00013330E

For further information:

For further information: Mr. Richard Homburg, Chairman and CEO, Homburg
Invest Inc., (902) 468-3395; Richard Stolle, President and COO, Homburg Invest
Inc., 011 31 20 573 3855

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