Earnings and Losses

INVESTUS REAL ESTATE INC. DISCLOSES FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2010

Investors Business Daily |

In Brief...

IVT), a real estate company investing in industrial properties in primary and secondary markets, mainly in Eastern Canada, announces its unaudited financial results for the third quarter ended September 30, 2010. Rental revenue from income-producing properties totalled $453,607 for the three-month period ended September 30, 2010, compared with $468,424 for the corresponding period of the previous year, this slight decline being attributable to the recovery of operating costs. After deducting corporate reorganization costs, recurring net income amounted to $10,836 for the quarter ended September 30, 2010, whereas the Company recorded a recurring loss of $255 in 2009. For the cumulative nine-month periods ended September 30, 2010 and 2009, the recurring net loss stood at $15,413 and $285,493 respectively, reflecting the impact of the measures taken by management to turn around the situation. A full description of these risk factors can be found in the Initial Public Offering Final Prospectus of Investus Real Estate Inc. (formerly Capital Wapiti Inc.) dated April 5, 2007 and the Filing Statement dated October 15, 2007, which are available electronically at www.sedar.com under Investus Real Estate Inc., the new business name. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. About Investus Real Estate Inc. Investus is a Canadian corporation that invests exclusively in industrial properties in primary and secondary markets, mainly in Eastern Canada.

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