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Homburg Invest Inc. announces addition to NYSE Euronext Global Index
Shares issued: Class A - 16,790,018 Class B - 3,150,239
Halifax, Nova Scotia, March 3, 2009 (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 that Homburg Invest has been added to the NYSE Euronext Global Index - AScX Index (Small Cap) effective opening of trading March 3, 2009.
The Amsterdam Small Cap Index is designed to reflect general trends in the trading of shares listed on Euronext Amsterdam. It is made up of shares issued by 25 companies listed on Euronext Amsterdam in such a way that it is suitable to serve as the underlying value for index linked products such as derivatives.
Richard Homburg states "this is the second Small Cap Index to include Homburg Invest in its listing and reflects the growing acceptance of HII Securities as a benchmark listing."
Homburg, 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. The Company also owns land assets for development in Calgary and Edmonton, Alberta; Montreal, Quebec; and Charlottetown, Prince Edward Island. In 2007, Homburg completed significant acquisitions totalling over approximately CAD$ 1.1 billion and as of December 31, 2007 has assets of over CAD$ 3.8 billion with an approximate aggregate of 18.2 million square feet of gross leasable area.
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For further information, please contact:
Mr. Richard Homburg,
Chairman and CEO
Homburg Invest Inc.
902-468-3395
or
Richard Stolle
President and COO
Homburg Invest Inc.
011 31 20 573 3855
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.
Corporate info
Homburg Invest Inc. (HII) is a real estate investment and development
company, publicly traded on the Toronto Stock Exchange (TSX.
Development Pipeline
Homburg is developing real estate in Europe and North America.
Strategy
We use all of our management team expertise in acquisition to minimize risk
to our investors, maximize shareholder profitability and to maintain our base of
satisfied clients in each sector.
Contact
About Homburg, PR- and mediarelations, news releases, advertising and
marketingactivities.
