Inovalis Real Estate Investment Trust Announces Results of Vote for Election of Trustees

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

TORONTO, May 11, 2017 /CNW/ - Inovalis Real Estate Investment Trust (the "REIT") (TSX:  INO.UN) reports that at its annual meeting of unitholders and holders of special voting units held May 9, 2017, proxies were received from the holders of 8,975,738 units and special voting units of the REIT, representing in the aggregate 33.27 % of the voting rights attached to all units and special voting units of the REIT entitled to be voted at the meeting.

Each of the trustees listed as nominees in the management information circular dated April 7, 2017 were elected as trustees of the REIT until the next annual meeting of the REIT.

The results of the vote for the election of trustees are as follows:


Number of Units
Voted For*

Percentage of Units
Voted For

Number of Units Withheld
from Voting

Percentage
of Units
Withheld
from Voting

Stéphane Amine

8,871,508

99.5%

48,770

0.5%

Daniel Argiros

8,874,120

99.5%

46,158

0.5%

Jean-Daniel Cohen

8,872,711

99.5%

47,567

0.5%

Richard Dansereau

8,849,620

99.2%

70,658

0.8%

Marc Manasterski

8,845,511

99.2%

74,767

0.8%

Raymond Paré

8,874,193

99.5%

46,085

0.5%

Michael Zakuta

8,876,820

99.5%

43,458

0.5%

* As the vote was taken by a show of hands, the number of votes disclosed reflects only those proxies received by management   in advance of the meeting

 

Voting results on all matters voted on at the annual meeting of unitholders held on May 9, 2019 will be filed by the REIT on SEDAR at www.sedar.com and on the REIT's website at www.inovalisreit.com.

About Inovalis Real Estate Investment Trust
Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria. The REIT currently owns an interest in eleven office properties in France and Germany, comprising approximately 1,050,000 square feet of gross leasable area (taking into account the interests in the properties owned in joint- ventures).

SOURCE Inovalis Real Estate Investment Trust

For further information: David Giraud, Chief Executive Officer, Inovalis Real Estate Investment Trust, Tel: 011 33 1 5643 3323, david.giraud@inovalis.com; Anne Smolen, Chief Financial Officer, Inovalis Real Estate Investment Trust, Tel: 011 33 1 56 43 33 14, anne.smolen@inovalis.com.

RELATED LINKS
www.inovalis.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