GAZ.UN Fronsac Capital Reit Units

Fronsac Real Estate Investment Trust (TSX VENTURE:GAZ.UN) (the "Trust" or
"Fronsac") announces the acquisition of interests in two real estate properties
located in Trois-Rivieres, Quebec.


"We are pleased to announce the acquisition of interests in two prime real
estate properties. Both of these acquisitions meet the investment criterias
established by the direction", stated Michel Lassonde, President and CEO of
Fronsac.


The first property is located at the intersection of Barkoff and Des Ormeaux
streets ("Property 1") in Trois-Rivieres. This represents an ideal location on
commercial street Barkoff and adjacent to Place des Ormeaux. Fronsac and Societe
en commandite Fronsac CDM ("SEC CDM") (a partnership created by Fronsac)
acquired 50% of the units of Limited Partnership CDM-1 ("CDM-1"), the
partnership owning Property 1. These units were acquired i) by SEC CDM from one
private investor (13%) and from Plaza Z-Corp. Properties Inc. ("Plaza Z") (23%)
and ii) by Trust from one private investor (14%). Plaza Z and one private
investor retain 17% and 33% respectively of CDM-1's units. The total
consideration of $660,000 paid at the closing of these acquisitions were paid as
follows:




1.  $184,800 cash to one of the private investors;

2.  $475,200 was paid by the issuance of 1,485,000 Preferred Units ("Units")
    of SEC CDM, being 536,250 preferred units in favor of one of the private
    investors and 948,750 preferred units in favor of Plaza Z. The units may
    be exchanged at any time for 1,485,000 units of Fronsac until December
    31st, 2017 and give the right to receive the same distributions than
    what is paid on Fronsac's units until December 31st, 2017.



The second property is located at the intersection of Barkoff Street and Exit
202 of Highway 40 ("Property 2") in Trois-Rivieres. This represents an ideal
location since it is directly at the exit of Highway 40. Limited Partnership
Fronsac Barkoff ("SEC Barkoff") (a partnership created by Fronsac) acquired the
interest of a private investor (44%) and a part of the interest of Plaza Z
(21%), for a total interest of 65% in Property 2. Plaza Z and another private
investor are keeping an interest of 23% and 12% respectively in Property 2. The
total consideration of $1,587,950 paid at the closing of these acquisitions was
paid as follows:




1.  $1,074,920 cash to the private investor; and

2.  $513,030 was be paid by the issuance, in favor of Plaza Z, of 1,603,200
    Preferred Units ("Units 2") of SEC Barkoff. Units 2 may be exchanged at
    any time for 1,603,200 units of Fronsac until December 31st, 2017 and
    give the right to receive the same distributions than what is paid on
    Fronsac's units until December 31st, 2017.



For more information regarding these acquisitions, which are, in part, related
party transactions under Regulation 61-101 respecting Protection of Minority
Security Holders in Special Transactions, please refer to the Material Change
Report available on SEDAR at www.sedar.com.


About Fronsac

Fronsac Real Estate Investment Trust is an open-ended trust that acquires and
owns high quality commercial real estate properties, rented to strong tenants
under long term, management free and net leases.


Forward-Looking Statements

This press release contains forward-looking statements and information as
defined by applicable securities laws, including statements relating to Fronsac
and expectations of the management regarding a proposed transaction and the
expected benefits thereof. There is no assurance that the proposed transaction
will be carried out and that the anticipated benefits will materialize. The
proposed transaction is subject to approval and consent of stakeholders and
there is no certainty that these will be achieved. Fronsac warns the reader that
actual events may differ materially from current expectations due to known and
unknown risks, uncertainties and other factors that could cause actual results
to differ materially from the results anticipated in such statements. Among
these include the risks related to economic conditions, the risks associated
with the local real estate market, the dependence to the financial condition of
tenants, the uncertainties related to real estate activities, the changes in
interest rates, the availability of financing in the form of debt or equity, the
effects related to the adoption of new standards, as well as other risks and
factors described from time to time in the documents filed by Fronsac with
securities regulators, including the management report. Fronsac does not update
or modify its forward-looking statements even if future events occur or for any
other reason, unless required by law or any regulatory authority.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Michel Lassonde
President and CEO
Fronsac Real Estate Investment Trust
(450) 536-5328

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