Cagim Real Estate Corporation

Cagim Real Estate Corporation

April 16, 2007 18:38 ET

Cagim Real Estate Corporation: Rejuvenation of the Promenades St-Noel

QUEBEC CITY, QUEBEC--(CCNMatthews - April 16, 2007) - Cagim Real Estate Corporation (the "Corporation") (TSX VENTURE:CIM) is proud to announce that its subsidiary, ADG Immobilier Inc., has begun an exterior facelift of the Promenades St-Noel, in Thetford Mines. Since the arrival of Super Carnaval, the Corporation will have invested over three hundred fifty thousand dollars ($350,000), namely to redo the facade of the building. Construction began April 12, 2007 and should be completed within thirty (30) days.

"It is time this center had a makeover; the construction should increase visitor traffic and will attract new tenants", declares Mr. Guy Boutin, Leasing and Development Officer of the Corporation.

About Cagim

The Corporation is listed on the TSX Venture Exchange since September 21, 2004 and operates property management and acquisition activities. The Corporation operates its activities through its subsidiaries ADG Immobilier Inc., Edifice Centre d'Affaires Le Mesnil Inc., Complexe Lebourgneuf Inc., Palim Inc., Place Donnacona Inc. and Place d'Affaires Lebourgneuf Inc.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Cagim Real Estate Corporation
    Mr. Guy Boutin
    Leasing and Development Officer