Homburg Invest announces closing of over-allotment option associated with the recently completed initial public offering of Homburg Canada Real Estate Investment Trust

Not for dissemination in the United States or distribution through United States news or wire services. Halifax, Nova Scotia. June 29, 2010 - Homburg Invest Inc. ("HII") (TSX: HII.A & HII.B and NYSE Euronext Amsterdam: HII), announced today that pursuant to an over-allotment option granted under the underwriting agreement dated May 14, 2010 between HII, Homburg Canada Real Estate Investment Trust ("HCR"), Homburg Canada REIT Limited Partnership, Homburg Canada Incorporated and a syndicate of underwriters led by TD Securities Inc. (the "Underwriters"), the Underwriters have purchased 1,628,900 additional units of HCR ("Units") at a price of $10.00 per Unit, of which 977,340 Units were sold by Homco Realty Fund (199) Limited Partnership, a subsidiary of HII (which acted as a promoter of HCR), as a secondary offering of a portion of the Units it holds for an aggregate gross consideration of $9,773,400 to HII. The net proceeds to HII from the exercise of the over-allotment option will be used by HII for debt repayment and debt servicing, and also for general corporate purposes. As of the date hereof, HII owns 41.3% of the outstanding Units and Homburg Canada Incorporated owns 7.9% of the outstanding Units. The remaining 50.8% of the outstanding Units are owned by the public. The Units have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of that Act.  This news release does not constitute an offer for sale of these securities in the United States of America or in the European Economic Area. 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, please contact: Mr. Richard Homburg Paul de la Plante Chairman and CEO NATIONAL Public Relations Homburg Invest Inc. (514) 843-2332 (902) 468-3395 J. Richard Stolle President and COO Homburg Invest Inc. 31-20-573-3855 This press release contains forward-looking statements which reflect HII'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. HII disclaims any obligation to update these forward-looking statements, except as required by law. [HUG#1428271] PDF version of press release: http://hugin.info/138798/R/1428271/375670.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: Homburg Invest Inc. via Thomson Reuters ONE