Subject: News release attached for immediate dissemination.
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File: Attachment RLP - News Release (Bond Sale) RBS Apr 8.pdf
REALIA PROPERTIES INC. ANNOUNCES PROPOSED SALE OF BOND
Vancouver, British Columbia, April 8, 2026 Realia Properties Inc. (the "Company") (TSX
VENTURE: RLP) announces the Company entered into an agreement dated effective March 20,
2026 with an arm's length party, pursuant to which the Company proposes to sell an 8.25%
secured bond (the "Bond") with a principal amount of USD $6.785 million for the face value,
subject to the terms and conditions thereunder.
The Bond was issued by Primos Alternative Investments, and secured by an interest in
development proceeds owing to it by T-Westbrook Center LLC with respect to a commercial retail
centre located in Connecticut. The Bond was first acquired by the Company to preserve an
investment opportunity in said real estate asset. As the Connecticut retail centre has encountered
significant development issues since the Bond issue, the Company proposes to sell the Bond for
its face value.
Completion of the proposed sale is conditional upon, among other things, the Company receiving
all required prior approvals from its shareholders and the TSX Venture Exchange. There is no
assurance nor guarantee that the Company will complete the proposed sale as described or at
all. The proposed sale will be presented to the Company's shareholders for approval at its
upcoming AGM to be held on April 28, 2026.
In the event that the Bond is sold as described, and if the proposed sale of the Company's real
estate assets is completed as announced in its news release dated February 6, 2026, the
Company will have no other assets other than the sales proceeds received. While the Company
intends to use such proceeds to identify and, if thought desirable, to acquire new real estate
assets, there is no assurance or guarantee that the Company will do so, in which event the
Company will have no active operations.
The Company will provide further updates as they become available.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Eric Fazilleau
Chief Executive Officer
Realia Properties Inc.
Telephone: (647) 775 8337
Facsimile: (647) 775 8301
Email: eric.fazilleau@inovalis.com
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About Realia Properties Inc.
Realia is a real estate issuer which currently holds the following assets:
dot a 25.01% beneficial interest in Martin Downs Town Center, a 36,252 square foot retail
shopping centre, located in Palm City, Florida; and
dot A 25.01% beneficial interest in Metro Gateway Shopping Center, a 64,793 square foot
retail shopping centre, located in Phoenix, Arizona.
The Company has entered into an agreement with respect to the proposed sale of such assets
(see above). There is no assurance nor guarantee that such sale will be completed on the
terms/conditions described above or at all.
FORWARD LOOKING STATEMENTS
This news release contains certain "forward looking statements," including with respect to the
proposed disposition of its real estate assets. Forward-looking statements involve known and
unknown risks (including but not limited to risks that such events do not proceed, or do not
proceed on expected terms), uncertainties, assumptions and other factors that may cause the
actual results, performance or achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by such forward-looking
statements. There can be no assurance or guarantee that any forward-looking statements will
prove to be accurate, or that management's assumptions underlying such statements (including
assumptions regarding the proposed disposition) will materialize. Any forward-looking statement
speaks only as of the date of this news release, and - except as may be required by applicable
securities laws - the Company disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events, results or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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