HUNTINGDON CAPITAL CORP. ANNOUNCES THE SALE OF ONTARIO INDUSTRIAL PROPERTY FOR GROSS PROCEEDS OF $1.3 MILLION RICHMOND, B.C., October 21, 2014 – Huntingdon Capital Corp. (the “Corporation” or “Huntingdon”) (TSX: HNT, TSX: HNT.DB and TSX: HNT.WT) announced today that it has closed the sale of 650 Riverview Drive, a 282,203 sf industrial property in Chatham, Ontario. The gross sale proceeds are about $1.3 million before closing costs. The property is 38% occupied and is unencumbered. After closing costs, the net cash proceeds are estimated to be $1.2 million. About Huntingdon: Huntingdon is a real estate operating company listed on the TSX (Common Shares: HNT; Debentures: HNT.DB; Warrants: HNT.WT). Huntingdon owns and manages a portfolio of 23 industrial, office, retail and aviation-related properties throughout Canada that have a total gross leasable area of 1.9 million square feet. In addition, Huntingdon owns a 30.7% interest in FAM REIT (TSX: F.UN) (TSX: F.WT) and manages, on behalf of FAM REIT, a portfolio of 28 industrial, office, and retail properties throughout Canada that have a gross leasable area of 1.8 million square feet. For further information, please contact: Sandeep Manak, President and Chief Executive Officer Tel: (604) 249-5113 Fax: (604) 249-5101 Email: [email protected] The Toronto Stock Exchange has not reviewed nor approved the contents of this press release and does not accept responsibility for the adequacy or accuracy of this press release.
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