TORONTO and DALLAS, May 7, 2015 /CNW/ - Milestone Apartments REIT (TSX: MST.UN) ("Milestone" or the "REIT") today announced the results of voting at its annual general meeting of unitholders held earlier today (the "Meeting").
All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as trustees. Detailed results of the election are set out below:
|
Nominee
|
Votes For
|
% Votes For
|
Votes Withheld
|
% Votes Withheld
|
|
William Biggar
|
34,366,753
|
96.68%
|
1,178,970
|
3.32%
|
|
Janet Graham
|
35,514,255
|
99.91%
|
31,468
|
0.09%
|
|
Jay Hurley
|
33,784,019
|
95.04%
|
1,761,704
|
4.96%
|
|
Robert Landin
|
35,461,955
|
99.76%
|
83,768
|
0.24%
|
|
Richard Matheson
|
35,539,255
|
99.98%
|
6,468
|
0.02%
|
|
Graham Senst
|
35,514,255
|
99.91%
|
31,468
|
0.09%
|
|
Michael Young
|
34,889,220
|
98.15%
|
656,503
|
1.85%
|
In addition, KPMG LLP, Chartered Accountants, was reappointed as the auditor of the REIT.
About Milestone
Milestone is an unincorporated, open-ended real estate investment trust that is governed by the laws of Ontario. The REIT's portfolio consists of 59 multifamily garden-style residential properties, comprising 19,744 units that are located in 13 major metropolitan markets throughout the Southeast and Southwest United States. Milestone is the largest real estate investment trust listed on the TSX focused solely on the United States multifamily sector. The REIT operates its portfolio through its internal property management company, Milestone Management, LLC, which has more than 900 employees across the United States. Based in Dallas, TX, TMG Partners, L.P., an affiliate of The Milestone Group, LLC, is the external asset manager of the REIT. For more information, please visit www.milestonereit.com.
About The Milestone Group, LLC
The Milestone Group is a privately-held real estate investment management company with expertise and presence in major metropolitan markets throughout the United States. The firm has corporate offices in Dallas, Texas and New York, New York with regional acquisition and management offices across the United States. Founded in 2004, The Milestone Group has a strong track record of investing in the U.S. multifamily sector, including completion of more than US$4.5 billion in multifamily transactions. For more information, please visit www.milestonegp.com.
SOURCE Milestone Apartments REIT
Robert Debs, Investor Relations, Milestone Apartments REIT, Tel: 214.561.1215; Bruce Wigle, Investor Relations, Bay Street Communications, Tel: 647.496.7856Copyright CNW Group 2015