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Firm Capital Property Trust Announces Results of Voting at Annual and Special Meeting

T.FCD.UN

/NOT FOR DISTRIBUTION OVER U.S. NEWS WIRE SERVICES OR DISSEMINATION INTHE UNITED STATES/

TORONTO, Jan. 7, 2015 /CNW/ - Firm Capital Property Trust (the "Trust") (TSXV: FCD.UN) today announced that at the annual and special meeting (the "Meeting") of unitholders of the Trust held earlier today, all nominees were elected as trustees of the Trust, as follows:

Nominee

Votes "For"

% Votes "For"

Votes "Withheld"

% of Votes "Withheld"

Geoffrey Bledin

1,759,968

100.0%

Nil

0.0%

Eli Dadouch

1,759,968

100.0%

Nil

0.0%

Stanley Goldfarb

1,754,968

99.71%

5,000

0.29%

Jonathan Mair

1,754,968

99.71%

5,000

0.29%

Robert McKee

1,754,968

99.71%

5,000

0.29%

Sandy Poklar

1,754,968

99.71%

5,000

0.29%

Lawrence Shulman

1,754,968

99.71%

5,000

0.29%

Howard Smuschkowitz

1,754,968

99.71%

5,000

0.29%

Manfred Walt

1,754,968

99.71%

5,000

0.29%

 

All other matters considered by unitholders at the Meeting were also approved, the details of which are contained in the Report on Voting Results regarding the Meeting filed by the Trust on Sedar at www.sedar.com.

Further information about the Trust can be found by selecting the Firm Capital Property Trust link at www.firmcapital.com.

About Firm Capital Property Trust

Firm Capital Property Trust is focused on creating long-term value for unitholders, through capital preservation and disciplined investing to achieve stable distributable income. In partnership with management and industry leaders, The Trust plan is to co-own a diversified property portfolio of multi-residential, flex industrial, net lease convenience retail, and core service provider professional space. In addition to stand alone accretive acquisitions, the Trust will make joint acquisitions with strong financial partners and acquisitions of partial interests from existing ownership groups, in a manner that provides liquidity to those selling owners and professional management for those remaining as partners. Firm Capital Realty Partners Inc., through a structure focused on an alignment of interests with the Trust, will source, syndicate and participate in investments.

SOURCE Firm Capital Property Trust

Robert McKee, President & Chief Executive Officer, (416) 635-0221; Sandy Poklar, Chief Financial Officer, (416) 635-0221Copyright CNW Group 2015