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24
Jun

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(June 24, 2015) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (the “REIT”) announced that the nominees listed in the management proxy circular for the 2015 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 June 23, 2015 are set out below.

 

Nominee

Votes in Favour

Percentage of Votes Cast

Votes Withheld

 

Percentage of Votes Cast

Paul Amirault

40,828,333

88.28%

5,422,600

11.72%

Paul Bouzanis

45,455,994

98.28%

794,939

1.72%

Ronald Leslie

45,577,913

98.54%

673,020

1.46%

Jacie Levinson

45,572,838

98.53%

678,095

1.47%

Mike McGahan

46,231,864

99.96%

19,069

0.04%

Victor Stone

45,578,987

98.55%

671,946

1.45%

 

 

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

Brad Cutsey

Curt Millar, CA

Chief Executive Officer

President

Chief Financial Officer

Tel: (613) 569-5699 Ext 244

Tel: (613) 569-5699 Ext 226

Tel: (613) 569-5699 Ext 233

Fax: (613) 569-5698

Fax: (613) 569-5698

Fax:(613) 569-5698

e-mail: mmcgahan@interrentreit.com

e-mail: bcutsey@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.