Cominar Real Estate Investment Trust Announces Election of Trustees

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./

QUÉBEC CITY, May 17, 2017 /CNW Telbec/ - Cominar Real Estate Investment Trust ("Cominar" or the "REIT") (TSX: CUF.UN) announced today that each trustee nominee listed in the Management Proxy Circular dated April 6, 2017 was elected as Trustee of the REIT during the Annual Meeting of the Unitholders held today in Québec City, Québec.

The details of the election are as follows:

 

Trustee nominee

Outcome

Votes for

% for

Votes withheld

% withheld

Michel Dallaire

Elected

83,223,211

94.84

4,524,618

5.16

Luc Bachand

Elected

87,138,260

99.31

609,569

0.69

Mary-Ann Bell

Elected

85,046,346

96.92

2,701,483

3.08

Alain Dallaire

Elected

86,632,600

98.73

1,115,229

1.27

Alban D'Amours

Elected

85,719,359

97.69

2,028,470

2.31

Ghislaine Laberge

Elected

85,603,018

97.56

2,144,811

2.44

Johanne M. Lépine

Elected

87,076,134

99.23

671,695

0.77

Michel Théroux

Elected

86,060,173

98.08

1,687,656

1.92

Claude Dussault

Elected

86,846,849

98.97

900,980

1.03

 

The results of the final votes regarding all matters subject to a vote during the Annual Meeting will be available under the REIT's profile on the SEDAR website (www.sedar.com).

PROFILE AS AT MAY 17, 2017

Cominar is the third largest diversified real estate investment trust in Canada and currently remains the largest commercial property owner in the Province of Quebec. The REIT owns a real estate portfolio of 529 properties in three different market segments, that is, office properties, retail properties and industrial and mixed-use properties. Cominar's portfolio totals 44.1 million square feet spread out across Quebec, Ontario, the Atlantic Provinces and Western Canada. Cominar's objectives are to pay growing cash distributions to unitholders and to maximize unitholder value through proactive management and the expansion of its portfolio.

 

SOURCE COMINAR REAL ESTATE INVESTMENT TRUST

For further information: Michel Dallaire, Eng., Chief Executive Officer, Gilles Hamel, CPA, CA, Executive Vice President and Chief Financial Officer, (418) 681-8151, michel.dallaire@cominar.com, gilles.hamel@cominar.com,

RELATED LINKS
http://www.cominar.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890