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TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today released its second quarter 2024 results. The
financial results of the REIT are presented below in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (the “IASB”),
except where otherwise noted. Results are shown in U.S. dollars, unless otherwise noted.
Second Quarter 2024 Results: