OTTAWA, ONTARIO--(Marketwired - June 24, 2015) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
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.
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.