Investus Real Estate Inc. amalgamation not approved at shareholders meeting

    MONTREAL, Jan. 29 /CNW Telbec/ - Investus Real Estate Inc. (TSX-V: IVT)
("Investus") announced today that the amalgamation (the "Amalgamation")
announced on December 15, 2008 with 4488431 Canada Inc., a wholly-owned
subsidiary of Realex Properties Corp. ("Realex"), was rejected by a vote of
the shareholders of Investus. In accordance with the terms of the acquisition
agreement (the "Acquisition Agreement") dated December 15, 2008 between
Investus and Realex, Investus has terminated the Acquisition Agreement with
Realex as a result of the failure to receive the required Investus shareholder

    Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.

For further information:

For further information: Investus Real Estate Inc.: Robert Berger,
President and Chief Executive Officer, (514) 868-9550 ext 222; Serge Beaudet,
Chief Financial Officer and Secretary, (514) 868-9550 ext 223

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