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29
May

News Release

InterRent Announces Voting Results for Election of Trustees

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Ottawa, Ontario(May 29, 2014) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (the “REIT”) announced that the nominees listed in the management proxy circular for the 2014 Annual General Meeting of unitholders were elected as trustees of the REIT. Detailed results of the vote for the election of trustees held at the Annual and General Meeting in Ottawa on May 28, 2014 are set out below.

Nominee

Votes in Favour

Percentage of Votes Cast

Votes Withheld

Percentage of Votes Cast

Paul Amirault

37,982,271

98.99%

389,376

1.01%

Paul Bouzanis

38,291,217

99.79%

80,430

0.21%

Ronald Leslie

37,983,131

98.99%

388,516

1.01%

Jacie Levinson

38,291,449

99.79%

80,198

0.21%

Mike McGahan

38,292,650

99.79%

78,997

0.21%

Victor Stone

38,292,649

99.79%

78,998

0.21%

 

About InterRent

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.  

InterRent's strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions.

InterRent's primary objective is to use the proven industry experience of the Trustees, Management and Operational Team to: (i) provide Unitholders with stable and growing cash distributions from investments in a diversified portfolio of multi-residential properties; (ii) enhance the value of the assets and maximize long-term Unit value through the active management of such assets; and (iii) expand the asset base and increase Distributable Income through accretive acquisitions. 

For further information about InterRent please contact:

Mike McGahan

Curt Millar, CA

Chief Executive Officer

Chief Financial Officer

Tel: (613) 569-5699 Ext 244

Tel: (613) 569-5699 Ext 233

Fax: (613) 569-5698

Fax:(613) 569-5698

e-mail: mmcgahan@interrentreit.com

e-mail:cmillar@interrentreit.com

web site: www.interrentreit.com

 


The TSX has not reviewed and does not accept responsibility

for the adequacy or accuracy of this release.