Mr. Dan Oberste reports

BSR REIT TO REPORT FOURTH QUARTER 2023 FINANCIAL RESULTS ON MARCH 12, 2024

BSR Real Estate Investment Trust will release its 2023 fourth quarter financial results after market close on Tuesday, March 12, 2024.

Dan Oberste, chief executive officer, and Susie Rosenbaum, interim chief financial officer, will host a conference call for analysts and investors on Wednesday, March 13, 2024, at 12 p.m. ET. To join the conference call without operator assistance, participants can register and enter their phone number on-line to receive an instant automated callback. Alternatively, they can dial 416-764-8688 or 1-888-390-0546 to reach a live operator, who will join them into the call. In addition, the call will be webcast live on-line.

A replay of the call will be available until Wednesday, March 20, 2024. To access the replay, dial 416-764-8677 or 888-390-0541 (code: 718349 followed by the number sign). A transcript of the call will be archived on the REIT's website.

About BSR Real Estate Investment Trust

BSR is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.