Ms. Susie Rosenbaum reports

BSR REIT TO REPORT FIRST QUARTER 2024 FINANCIAL RESULTS ON MAY 8, 2024

BSR Real Estate Investment Trust will release its 2024 first quarter financial results after market close on Wednesday, May 8, 2024.

Dan Oberste, chief executive officer, and Susie Rosenbaum, interim chief financial officer, will host a conference call for analysts and investors on Thursday, May 9, 2024, at 12 p.m. (ET). To join the conference call without operator assistance, participants can register and enter their phone number to receive an instant automated call back. 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 Thursday, May 16, 2024. To access the replay, dial 416-764-8677 or 888-390-0541 (code: 857407 followed by the pound key). A transcript of the call will be archived on the REIT's website.

The REIT's annual general meeting will be held in-person at 2 p.m. ET on May 9, 2024, in the offices of Goodmans LLP:

Bay Adelaide Centre -- West Tower

333 Bay St., suite 3400

Toronto, Ont.

M5H 2S7

About BSR Real Estate Investment Trust

BSR Real Estate Investment Trust 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.