Homburg Invest Completes $218.5M Public Offering

On July 11, 2007, Homburg Invest Inc., a real estate investment and development company with properties in Canada, the United States and Europe, completed a public offering of 41,630,000 class A subordinate voting shares (including over-allotment) at a price of $5.25 per share for total proceeds to the company of $218.5 million. The company's Class A shares are listed both on the TSX and on Euronext Amsterdam.

The underwriting syndicate was led by BMO Capital Markets and included CIBC World Markets Inc., RBC Dominion Securities Inc., National Bank Financial Inc., TD Securities Inc., HSBC Securities (Canada) Inc., Wellington West Capital Markets Inc. and Beacon Securities Ltd.

Homburg Invest Inc. was represented by Osler, Hoskin & Harcourt LLP with a team that included Warren Katz, François Paradis and Isabelle Lamy (securities); Neil Bindman and Mitchell Shein (real estate); and Robert Raizenne and Jean-Frédéric Ménard (tax).

The underwriters were represented, in Canada by McCarthy Tétrault LLP with a team that included Clemens Mayr, Lorna J. Telfer, Karl Tabbakh, Nathalie Forcier, Olivier Kaade and Fraser Bourne (securities); Frédéric Harvey and Ylang Ha (tax); Stephanie Gilcher, Annie-Gagnon Larocque and Geneviève Cromp (real estate); Anne Marie Sheahan, Julie Belley Perron and Cindy Vaillancourt (environment).


Lorna J. Telfer Karl Tabbakh Clemens Mayr Annie Gagnon-Larocque Geneviève Cromp Anne-Marie Sheahan Mitchell Shein Robert Raizenne Warren M. Katz Frédéric Harvey Stéphanie Gilcher François Paradis Ylang Ha Nathalie Forcier Cindy Vaillancourt Fraser Bourne Olivier Kaade Julie Belley Perron