Morguard North American Residential Real Estate Investment Trust announces voting results from the 2015 annual meeting of unitholders

MISSISSAUGA, ON, May 15, 2015 /CNW/ - Morguard North American Residential Real Estate Investment Trust ("the Trust") (TSX: MRG.UN) today announced the results of matters voted on at its annual unitholders' meeting held on May 13, 2015 (the "Meeting"), which included the election of trustees of the Trust, all of the nominees listed in its management information circular dated March 19, 2015.  The voting results for each of the matters presented at the Meeting are presented below.

The total number of units and special voting units represented by holders present in person or by proxy at the meeting was 28,026,164 representing 60.22% of the Trust's total outstanding units and special voting units.

1.  Election of Trustees

The seven (7) nominees proposed by management were elected as trustees of the Trust to hold office until the termination of the next annual meeting of unitholders or until their successors are duly elected or appointed, subject to the provisions of the Trust's Declaration of Trust. Proxies were received on this matter for units and special voting units of the Trust as follows:

Name

Votes For

%

Votes Withheld

%

Avtar T. Bains

27,736,402

99.64

101,220

0.36

Dino Chiesa

27,667,452

99.39

170,170

0.61

Mel Leiderman

27,669,812

99.40

167,810

0.60

Frank Munsters

27,708,562

99.54

129,060

0.46

Bruce K. Robertson

27,740,162

99.65

97,460

0.35

K. (Rai) Sahi

27,709,969

99.54

127,653

0.46

William O. Wallace

27,737,962

99.64

99,660

0.36

2.  Appointment of Auditors

The firm of Ernst & Young LLP, chartered accountants, was appointed as auditor of the Trust to hold office until the close of the next annual meeting of the unitholders or until their successors are duly appointed, and to authorize the trustees to fix the remuneration of the auditor.  Proxies were received on this matter for units and special voting units of the Trust as follows:

Votes For

%

Votes Withheld

%

27,928,596

99.68

89,943

0.32

About Morguard North American Residential REIT

The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in a portfolio of 14 Canadian residential apartment communities, located in Alberta and Ontario, and 30 U.S. low-rise and mid-rise, garden-style apartment communities located in Alabama, Colorado, Florida, Georgia, Louisiana, North Carolina and Texas consisting of 12,850 residential suites.

SOURCE Morguard North American Residential Real Estate Investment Trust

For further information: Morguard North American Residential REIT, K. (Rai) Sahi, Chief Executive Officer, (905) 281-3800; Beverley G. Flynn, General Counsel & Secretary, (905) 281-3800

RELATED LINKS
www.morguard.com

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