Shares issued: Class A - 16,790,022 Class B - 3,150,238

Halifax, Nova Scotia, January 12, 2009  (TSX: HII.A & HII.B and  NYSE
Euronext Amsterdam: HII) - Mr.  Richard Homburg, Chairman and CEO  of
Homburg Invest  Inc.  ("HII"  or  "Homburg  Invest")  is  pleased  to
announce that Homburg  Invest has entered  into a so-called  exchange
agreement with Equity One Inc. ("Equity One"). Concurrently with  the
exchange agreement  Equity  One and  Homburg  Invest entered  into  a
so-called voting rights transfer agreement.

Under  the  exchange  agreement,  Homburg  Invest  will  dispose   of
approximately 2 million ordinary shares of DIM Vastgoed N.V.  ("DIM")
to Equity One in  exchange for shares of  common stock of Equity  One
("Common Stock").  At initial  closing, Homburg  Invest will  acquire
866,373 shares of Common Stock in  exchange for a total of  1,151,276
DIM shares and  86,400 rights  to DIM  Shares, expected  to occur  no
later than January 14,  2009.  In addition,  under the voting  rights
transfer agreement, Homburg Invest  has granted an irrevocable  proxy
to Equity One with respect to another 766,573 DIM shares that Homburg
has the right to acquire on October 1, 2010.  The exchange  agreement
also provides, subject  to certain conditions,  that Equity One  will
acquire these DIM shares from  Homburg once Homburg has obtained  the
DIM shares at the same exchange ratio, being  an aggregate of 536,601
shares of Common Stock.


Homburg
Homburg, with  its  head  office  in  Halifax,  Nova  Scotia,  is  an
international real  estate investment  and development  company  that
owns a  diversified  portfolio  of  quality  real  estate,  including
office, retail, industrial  and residential  apartment and  townhouse
properties in Canada, Europe and the United States. The Company  also
owns land assets  for development in  Calgary and Edmonton,  Alberta;
Montreal, Quebec; and Charlottetown,  Prince Edward Island. In  2007,
Homburg   completed    significant   acquisitions    totaling    over
approximately CAD$ 1.1 billion and as of December 31, 2007 has assets
of over  CAD$  3.8 billion  with  an approximate  aggregate  of  18.2
million square feet of gross leasable area.


For further information, please contact:

Mr. Richard Homburg,
Chairman and CEO
Homburg Invest Inc.
902-468-3395

or

Richard Stolle
President and COO
Homburg Invest Inc.
011 31 20 573 3855



This news release may  contain statements which  by their nature  are
forward looking and  express the Company's  beliefs, expectations  or
intentions regarding  future performance,  future events  or  trends.
Forward looking statements  are made  by the Company  in good  faith,
given management's  expectations  or  intentions  however,  they  are
subject to market conditions, acquisitions, occupancy rates,  capital
requirements, sources of funds, expense levels, operating performance
and other  matters.  Therefore, forward  looking  statements  contain
assumptions which are subject  to various factors including:  unknown
risks and uncertainties:  general economic  conditions; local  market
factors; performance of other third parties; environmental  concerns;
and interest rates, any of which  may cause actual results to  differ
from the  Company's good  faith beliefs,  expectations or  intentions
which have  been  expressed in  or  may  be implied  from  this  news
release. Therefore, forward looking statements are not guarantees  of
future performance  and  are  subject to  known  and  unknown  risks.
Information and statements  in this document,  other than  historical
information,  should  be   considered  forward-looking  and   reflect
management's current views of future events and financial performance
that involve a number of risks and uncertainties. Factors that  could
cause actual  results  to  differ materially  include,  but  are  not
limited  to,   the  following:   general  economic   conditions   and
developments within  the real  estate industry,  competition and  the
management of growth. The Toronto Stock Exchange has neither approved
nor disapproved of the information contained herein.


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.
http://hugin.info/138798/R/1281396/286533.pdf


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