Andrew J. Kavouras Joins Presima as Head of Clients and Business Development

MONTREAL, August 12, 2010 - Presima announced today that Andrew J. Kavouras has joined its team as
Head of Clients and Business Development, overseeing the development of
Presima's marketing and client related activities.

"We see growing investor interest in global real estate securities,"
stated Mr. Kavouras. "Presima and its accomplished investment team are well
positioned to offer tailored products to investors seeking an exposure to the
asset class."

Mr. Kavouras joined the industry in 1985 and brings extensive experience
to the organisation, having worked in management positions in business
development, client/portfolio management and product development around the
globe.

Mr. Kavouras has provided consultancy in the field of sustainable and
responsible investment strategies to institutional investors in North
America, Europe and Asia-Pacific. Most recently, he was Managing Director for
Zurich based SAM - Sustainable Asset Management. He has also held executive
roles with Fidelity Investments and the Caisse de dépôt et placement du
Québec. He holds a Master of Science (Economics) degree from the University
of London and a Bachelor of Arts (Economics) degree from McGill University.

About Presima

Presima is a Montreal-based investment boutique that specializes in the
management of global real estate securities on behalf of institutional and
other investors. Presima is part of National Australia Bank's (NAB) direct
asset management business, nabInvest, which partners with the best of breed
investment managers, providing the strength of the NAB Group's resources.
Presima has been managing real estate securities portfolios for over 10
years.

For further information: For further information: Robin Marcoux,
+1-514-673-1303, rmarcoux@presima.com; www.presima.com

For further information: For further information: Robin Marcoux,
+1-514-673-1303, rmarcoux at presima.com; www.presima.com