Dundee REIT Acquires 12 Properties

On January 27, 2006, Dundee REIT, through a controlled entity, completed the acquisition from Société en commandite EPI No. 1, 2971-7170 Québec inc. and Société en commandite AMF, of a portfolio of 12 properties located in the cities of Quebec, Lévis, Boucherville and Rimouski, comprised of 264,533 square feet, for a purchase price of approximately $20,500,000.

Dundee was represented by Osler, Hoskin & Harcourt LLP with a team composed of Nicole Cloutier and Myriam Sarrazin. The seller group was represented by Ogilvy Renault LLP with a team that included Sébastien Boucher, Miguel Manzano and Nicolas Labrecque.