Choice Properties Real Estate Investment Trust Announces Election of Trustees

TORONTO, April 28, 2014 /CNW/ - Choice Properties Real Estate Investment Trust ("Choice Properties" or the "Trust") (TSX: CHP.UN) announced today that all of the trustee nominees listed in the management proxy circular dated March 14, 2014, were elected as trustees of Choice Properties. The vote was conducted at the Trust's Annual Meeting of Unitholders, which took place on April 25, 2014 in Toronto. The results of the vote are set out below:

Trust Units

Name of Nominee Votes For Votes Withheld
Kerry D. Adams 66,844,010  99.98% 16,100  0.02%
Christie J.B. Clark 66,838,943  99.97% 21,167  0.03%
Graeme M. Eadie 66,848,532  99.98% 11,578  0.02%
Michelle Felman 66,852,010  99.99% 8,100  0.01%
Michael P. Kitt 66,851,532  99.99% 8,578  0.01%
John R. Morrison 66,849,532  99.98% 10,578  0.02%
Daniel F. Sullivan 66,843,410  99.98% 16,700  0.02%
Paul R. Weiss 66,841,532  99.97% 18,578  0.03%
Galen G. Weston 66,840,910  99.97% 19,200  0.03%

Class B Limited Partnership Special Voting Units

Name of Nominee Votes For   Votes Withheld 
Kerry D. Adams   284,074,754   100% Nil Nil
Christie J.B. Clark 284,074,754 100% Nil Nil
Graeme M. Eadie 284,074,754 100% Nil Nil
Michelle Felman 284,074,754 100% Nil Nil
Michael P. Kitt 284,074,754 100% Nil Nil
John R. Morrison 284,074,754 100% Nil Nil
Daniel F. Sullivan 284,074,754 100% Nil Nil
Paul R. Weiss 284,074,754 100% Nil Nil
Galen G. Weston 284,074,754 100% Nil Nil

Final results on all matters voted at the Annual Meeting held on April 25, 2014 will be filed shortly with the Canadian securities regulators.

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About Choice Properties Real Estate Investment Trust
Choice Properties Real Estate Investment Trust is an owner, manager and developer of well located retail and commercial real estate across Canada. Choice Properties' portfolio spans approximately 36.4 million square feet of gross leasable area and consists of 436 properties primarily focused on supermarket-anchored shopping centres and stand-alone supermarkets. Choice Properties' strategy is to create value by enhancing and optimizing its portfolio through development, accretive acquisitions and active property management. Choice Properties' principal tenant, and largest Unitholder and lender, is Loblaw Companies Limited, Canada's largest retailer. Choice Properties' strong alliance with Loblaw positions it well for future growth. For more information, visit Choice Properties' website at www.choicereit.ca and Choice Properties' issuer profile at www.sedar.com.

SOURCE Choice Properties Real Estate Investment Trust

For further information:

Kim Lee
Vice President, Investor Relations and
Financial Planning & Analysis
Choice Properties Real Estate Investment Trust
(905) 861-2256
kim.lee@choicereit.ca