Mr. Spencer Andrews reports

BSR REAL ESTATE INVESTMENT TRUST TO COMMENCE TRADING ON THE NEW YORK STOCK EXCHANGE ON OCTOBER 14, 2026

BSR Real Estate Investment Trust's units have been approved for listing on the New York Stock Exchange. The REIT expects its units to begin trading on the NYSE on Oct. 14, 2026, under the ticker symbol BSRT. In celebration of the NYSE listing, BSR's officers and board of trustees will be at the NYSE to ring the opening bell on Wednesday, Oct. 14, 2026.

In addition to trading and listing on the NYSE, the ticker symbol for the REIT's Canadian dollar-denominated listing on the Toronto Stock Exchange will be changed from HOM.UN to BSRT.UN. The REIT's U.S.-dollar-denominated TSX listing, HOM.U, will be delisted at the close of business on Oct. 13, 2026, the day prior to the effective date of the NYSE listing. Trading under the REIT's current OTCQX symbol, BSRTF, will cease concurrent with the NYSE listing.

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 markets in the Sunbelt region of the United States.

We seek Safe Harbor.