PROREIT Announces Election of Trustees

/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./

MONTRÉAL, June 11, 2014 /CNW/ - PRO Real Estate Investment Trust ("PROREIT" or the "REIT") (TSXV: PRV.UN) is pleased to announce that each of the trustee nominees listed in the management information circular of PROREIT dated May 12, 2014 (the "Circular") were elected as trustees of the REIT. The vote was conducted at the REIT's annual and special meeting of unitholders, which took place on June 10, 2014 in Montréal. If a ballot vote had been taken, based solely upon proxies received by the REIT, the voting results for the election of trustees would have been as follows:

Nominee

Votes For

% Votes For

Withheld

%Votes

 Withheld

Ronald E. Smith

3,638,996

99.99

500

0.01

Vitale A. Santoro

3,588,996

98.61

50,500

1.39

John Levitt

3,638,996

99.99

500

0.01

James W. Beckerleg

3,588,996

98.61

50,500

1.39

Gérard A. Limoges

3,638,996

99.99

500

0.01

All other matters set out in the Circular were approved by a majority of the unitholders at the meeting.

About PROREIT

PROREIT (www.proreit.com) is an unincorporated open-ended real estate investment trust established in March, 2013 pursuant to a declaration of trust under the laws of the Province of Ontario to own a portfolio of diversified commercial real estate properties in Canada, with a focus on primary and secondary markets in Québec, Atlantic Canada and Ontario. The current portfolio is comprised of nine properties with approximately 400,000 square feet of commercial gross leasable area.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Pro Real Estate Investment Trust

For further information: PRO Real Estate Investment Trust, James W. Beckerleg, President and Chief Executive Officer, 514-933-9552; PRO Real Estate Investment Trust, Gordon G. Lawlor, CA, Chief Financial Officer, 514-933-9552


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