Fronsac Real Estate Investment Trust Announces the Signing of a Protocol for the Acquisition of a Real Estate Property in Val...

Fronsac Real Estate Investment Trust (TSX VENTURE:GAZ.UN) ("Fronsac") announces
the signing of a protocol for the acquisition of a real estate property located
in Val-David, Quebec, for a total consideration of $2,565,500.


"We are pleased to announce the signing of a letter of intent under which
Fronsac acquires a real estate property including a Couche-Tard convenience
store with gas station and a Subway Restaurant. This acquisition meets the
investment criteria established by the direction", stated Michel Lassonde,
President and CEO of Fronsac.


The property is located at the intersection of Rue de l'Eglise and Route 117 in
Val-David, Quebec. This represents an ideal location since it is located
directly at the entrance of the municipality of Val-David. Completed in December
2012, this brand new property has been developed by the real estate developer
Louis Santone from Sandev Inc. 


As part of this arm's-length transaction, Investissements Immobiliers Prodige
Inc., a subsidiary of Fronsac, will acquire the real estate property from
9273-2312 Quebec Inc. 


The total consideration of $ 2,565,500 to be paid at the closing of the
transaction will be paid as follows:


1) $ 965,000 will be paid in cash to 9273-2312 Quebec Inc. ; and

2) $ 1,600,000 will be financed by a major Canadian financial institution
bearing interest at a fixed rate of 5.24% for a term of 10 years with an
amortization period of 28 years, secured by a first mortgage on the property.


The closing of this transaction is subject to customary conditions and the
approval of the different competent authorities on the subject, including the
approval of the TSX Venture Exchange, where required.


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
[phone]