BSR REIT Announces December 2024 Distribution “`

a5e30d5486d460d42551d15bc10043c2 BSR REIT Announces December 2024 Cash Distribution

LITTLE ROCK, Ark. and TORONTO, December 16, 2024 – BSR Real Estate Investment Trust (the “REIT”) (TSX: HOM.U) (TSX: HOM.UN) today declared a cash distribution. Unitholders will receive US$0.0467 per REIT unit for December 2024, equating to an annualized US$0.56 per unit. This payment will be issued on January 15, 2025 to unitholders registered as of December 31, 2024.

About BSR Real Estate Investment Trust

BSR Real Estate Investment Trust is a self-managed, unincorporated, open-ended real estate investment trust formed under the laws of Ontario. The REIT’s holdings comprise a portfolio of multifamily residential properties situated in prime Sunbelt markets across the United States.

Forward-Looking Statements

This announcement may include forward-looking statements (as defined by securities laws) concerning the REIT’s business. Such statements, often including words like “believe,” “anticipate,” “project,” “expect,” “intend,” “plan,” “will,” “may,” and “estimate,” are based on the REIT’s projections and assumptions, including its ability to make the planned distributions. These statements are not guarantees of future performance and involve risks and uncertainties. Actual results could vary significantly due to various factors, including those detailed in the “Risk Factors” section of the REIT’s Q3 2024 Management’s Discussion & Analysis (dated November 7, 2024) available at . Forward-looking statements shouldn’t be relied upon excessively, and their accuracy is not guaranteed. These statements reflect the situation as of today’s date; the REIT is not obligated to update them unless required by law.

SOURCE BSR Real Estate Investment Trust

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