/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/
TORONTO, June 22, 2015 /CNW/ – True North Apartment Real Estate Investment Trust (the “REIT“) (TSX: TN.UN; TN.DB) is pleased to announce that each of the trustee nominees listed in the management information circular dated May 11, 2015 (the “Circular“) for the annual and special meeting of unitholders (the “Meeting“) held today, have been elected as trustees of the REIT. Voting results for each of the individual trustees are presented below:
|
Name of Nominee |
Votes For |
Percent |
Votes Withheld |
Percent |
|
Daniel Drimmer |
17,870,270 Units |
91.26% |
1,711,931 Units |
8.74% |
|
J. Michael Knowlton |
17,868,261 Units |
91.25% |
1,713,940 Units |
8.75% |
|
Robert McKee |
18,273,341 Units |
93.32% |
1,308,860 Units |
6.68% |
|
Alon Ossip |
17,872,504 Units |
91.27% |
1,709,697 Units |
8.73% |
|
Graham L. Rosenberg |
17,867,181 Units |
91.24% |
1,715,020 Units |
8.76% |
|
Denim Smith |
17,867,281 Units |
91.24% |
1,714,920 Units |
8.76% |
|
Leslie Veiner |
17,861,593 Units |
91.21% |
1,720,608 Units |
8.79% |
All other matters set out in the Circular were approved by a majority of the unitholders at the Meeting.
About the REIT
The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario.
The REIT focuses on a long-term strategy to generate stable cash distributions on a tax-efficient basis for unitholders. The REIT intends to actively look for opportunities to expand its asset base and increase its distributable cash flow through acquisitions of additional multi-suite residential rental properties across Canada, the United States and other jurisdictions where opportunities may arise. Additional information concerning the REIT is available at www.sedar.com.
SOURCE True North Apartment Real Estate Investment Trust
