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QUEBEC CITY, QUEBEC--(Marketwire - May 11, 2010) - Cagim Real Estate Corporation (the "Corporation" or "Cagim")(TSX VENTURE:CIM), a real estate management corporation, is pleased to announce that over 97% of all the issued and outstanding Class "A" shares of Cagim (the "Common Shares"), representing 19,863,601 Common Shares, have been validly deposited in response to the offer of BTB Real Estate Investment Trust ("BTB") to acquire all of the issued and outstanding Common Shares of Cagim, and that all other conditions of BTB's offer have been satisfied as of the date hereof. BTB has taken up and accepted for payment all of said Common Shares.

Following the closing session regarding BTB's disbursement, Guy Boutin, senior executive, noted: "It is with pride that I witness a substantial investment gain in favour of all of Cagim's shareholders." Stéphane Beshro, President, added: "It is the culmination of years of colossal efforts of our director, Guy Boutin."

On March 31, 2010, BTB offered to acquire all of the Common Shares for a consideration in cash of $1.05 per Common Share. The aggregate cash consideration being paid by BTB is approximately $20,856,781. Since BTB has been successful in acquiring overt 90% of the Common Shares under the offer, it intends to acquire all remaining Common Shares by compulsory acquisition under the Canada Business Corporations Act. BTB intends to send a notice of compulsory acquisition to each shareholder who has not accepted the offer.

Cagim, listed on the TSX Venture Exchange and operating property management activities, will be filing a notice to withdraw its listing.

Neither 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.