Homburg Canada REIT Rebrands to CANMARC REIT

 CANMARC Real Estate Investment Trust  (www.canmarcreit.com) is the new name for Homburg Canada Real Estate Investment Trust, (TSX: HCR.UN) effective immediately, as approved by the REIT’s board of trustees. The date that the REIT will commence trading on the Toronto Stock Exchange (the “TSX”) under its new name will be announced shortly, following fulfilment of the customary requirements of the TSX. A new trading symbol will be announced simultaneously.
“CANMARC is a simple, bilingual and recognizable name, rich with references to what the REIT is today and to what it aspires to be,” said Jim Beckerleg, President and Chief Executive Officer. “CANMARC reflects our goal of continuing to do more of what we have been engaged in since our creation sixteen months ago.”
“The CANMARC name is being introduced to reflect and affirm the REIT’s evolution as an independent real estate investment trust with strong governance, a solid growth record and an experienced management team focussed on building a national Canadian real estate portfolio with landmark and other quality properties in the office and retail segments of the commercial real estate market.”
“Our name is changing to CANMARC, but the organization and team that have driven the growth and success of the REIT in its first sixteen months, remain the same,” concluded Mr. Beckerleg. “All of us at CANMARC look forward to continuing to build our relationships and reputation in the real estate and financial communities across Canada.”

CANMARC begins immediately to put the name change into effect at all of its locations and business operations, and in its external and internal communications.

CANMARC (www.canmarcreit.com) 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, CANMARC owns a portfolio of Canadian income-producing commercial properties, consisting of retail and office properties with certain industrial properties. In total, CANMARC properties comprise approximately 8 million square feet of commercial gross leasable area and 1725 multi-family residential units located in Quebec, Atlantic Canada, Western Canada and Ontario.

on September 30, 2011