File: '\\swfile\EmailIn\20260529 112601 Attachment RLP - News Release (Asset Sale Closing) RBS May 29.docx'

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18029553.1

REALIA PROPERTIES INC. ANNOUNCES CLOSING OF REAL ESTATE ASSET SALE

Vancouver, British Columbia, May 29, 2026 - Realia Properties Inc. (the "Company") (TSX VENTURE: RLP) announces that it has completed the sale of its remaining real estate assets, previously announced on February 6, 2026 and May 27, 2026.

Real Estate Asset Sale

The Company has sold its remaining 25.01% beneficial interests in the Metro Gateway Center and Martin Downs Town Center. The aggregate total purchase price for all of Metro Gateway Center and Martin Downs Town Center was USD $26 million, of which the Company will receive 25.01% (USD $6.50 million). The sale was to an arm's length buyer and was previously approved by the Company's shareholders at the Company's annual general and special meeting on April 28, 2026.

With this sale now completed, the Company will have no active operations. While the Company intends to use the sale 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. At present, the Company has not identified any real estate assets for potential acquisition.

Corporate Updates

The Company anticipates that the previously announced sale of the 8.25% secured bond (the "Bond") will complete the week of June 1, 2026. 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. See the Company's previous news release dated April 8, 2026 for further information.

On May 12, 2026, the Company received a revocation order with respect to the previous cease trade order issued by the British Columbia Securities Commission and Ontario Securities Commission in May 2023. The Company continues to work with the TSX Venture Exchange with respect to a reinstatement review with the hopes of resuming the trade of its common shares.

Further, the Company also continues to work with the TSX Venture Exchange to satisfy any filing requirements with respect to the Company's original disposition of a 74.99% interest in the Metro Gateway Center, the Martin Downs Town Centre, and the 116 Street commercial retail property located in Indianapolis, Indiana, which completed on February 23, 2023 to an arm's length purchaser for a combined purchase price of USD $11.8 million (per asset, USD $4.108 million for Metro Gateway, USD $3.788 million for Martin Downs, and USD $3.904 million for 116 Street), per its news release of May 19, 2023. (The entirety of 116 Street was subsequently sold on April 23, 2025 to a different arm's length buyer for USD $12.05 million, of which the Company received USD $3.103 million.)

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

FORWARD LOOKING STATEMENTS

This news release contains certain "forward looking statements," including with respect to the Company's filings with the TSX Venture Exchange and with respect to the proposed sale of the Bond. 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 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.