H&R Reports Voting Results from 2013 Joint Annual and Special Meeting of Unitholders
TORONTO, June 20, 2013 /CNW/ - H&R Real Estate Investment Trust ("H&R
REIT") and H&R Finance Trust (together, "H&R") (TSX: HR.UN; HR.DB.C,
HR.DB.D, HR.DB.E and HR.DB.H) are pleased to announce that each of the
trustee nominees listed in the management information circular dated
May 7, 2013 for the joint annual and special meetings of unitholders of
H&R (the "Circular") held today (the "Annual and Special Meetings")
were elected as trustees of H&R. Voting results for the individual
trustees of H&R REIT are as follows:
Name of Nominee
|
Votes For
|
Votes Withheld
|
Thomas Hofstedter
|
131,717,422
|
543,831
|
Robert Dickson
|
119,713,023
|
12,548,230
|
Edward Gilbert
|
119,575,538
|
12,685,715
|
Laurence Lebovic
|
119,704,782
|
12,556,471
|
Ronald Rutman
|
119,546,916
|
12,714,337
|
Voting results for the individual trustees of H&R Finance Trust are as
follows:
Name of Nominee
|
Votes For
|
Votes Withheld
|
Marvin Rubner
|
131,220,099
|
1,041,154
|
Stephen Gross
|
131,635,608
|
625,645
|
Neil Sigler
|
131,227,830
|
1,033,423
|
Pursuant to H&R Finance Trust's Declaration of Trust, Thomas Hofstedter
was also appointed by H&R REIT as a trustee of H&R Finance Trust
All other matters set out in the Circular were approved by the requisite
majority of the unitholders at the Annual and Special Meetings. Final
results on all matters voted at the Annual and Special Meeting will be
filed shortly with the Canadian securities regulators.
About H&R REIT
H&R REIT is an open-ended real estate investment trust, which owns a
North American portfolio of 40 office, 112 industrial and 163 retail
properties comprising over 53 million square feet and 3 development
projects, with a fair value of approximately $13 billion. The
foundation of H&R REIT's success since inception in 1996 has been a
disciplined strategy that leads to consistent and profitable growth.
H&R REIT leases its properties for long terms to creditworthy tenants
and strives to match those leases with primarily long-term, fixed-rate
financing.
About H&R Finance Trust
H&R Finance Trust is an unincorporated investment trust, which primarily
invests in notes issued by a U.S. corporation which is a subsidiary of
H&R REIT. The current note receivable is U.S. $211.4 million. In 2008,
H&R REIT completed an internal reorganization which resulted in each
issued and outstanding H&R REIT unit trading together with a unit of
H&R Finance Trust as a "Stapled Unit" on the Toronto Stock Exchange.
Additional information regarding H&R is available at www.hr-reit.com and on www.sedar.com.
SOURCE: H&R Real Estate Investment Trust
For more information, please contact Larry Froom, Chief Financial Officer, H&R REIT, 416-635-7520, or email info@hr-reit.com.
Copyright CNW Group 2013