Morguard Real Estate Investment Trust Announces Voting Results from the 2016 Annual Meeting of Unitholders

MISSISSAUGA, ON, May 16, 2016 /CNW/ - Morguard Real Estate Investment Trust ("the Trust") (TSX: MRT.UN) today announced the results of matters voted on at its annual unitholders' meeting held on May 11, 2016 (the "Meeting"), which included the election of trustees of the Trust, all of the nominees listed in its management information circular dated March 21, 2016.  The voting results for each of the matters presented at the Meeting are presented below.

The total number of units represented by unitholders present in person or by proxy at the meeting was 43,828,463 representing 71.97% of the Trust's outstanding units.

1. Election of Trustees

The eight (8) 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 as follows:

Name

Votes For

%

Votes Withheld

%

Fraser R. Berrill

42,251,225

96.51

1,527,396

3.49

Michael A. Catford

42,237,491

96.48

1,541,130

3.52

Paul F. Cobb

43,639,469

99.68

139,152

0.32

David A. King

38,928,099

88.92

4,850,522

11.08

Edward C. Kress

39,003,784

89.09

4,774,837

10.91

K. Rai Sahi

38,896,101

88.85

4,882,520

11.15

Antony K. Stephens

40,262,309

91.97

3,516,312

8.03

Timothy J. Walker

38,111,623

87.06

5,666,998

12.94

 

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 as follows:

Votes For

%

Votes Withheld

%

43,742,110

99.92

36,511

0.08

 

About Morguard Real Estate Investment Trust

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 50 high quality retail, office and industrial income producing properties in Canada consisting of approximately 8.8 million square feet of leaseable space.

For more information, please visit Morguard.com.

SOURCE Morguard Real Estate Investment Trust

For further information: Morguard Real Estate Investment Trust: K. Rai Sahi, President and Chief Executive Officer, T 905-281-4800; Beverley G. Flynn, Vice President, General Counsel and Secretary, T 905-281-4800

RELATED LINKS
http://www.morguardreit.com

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