Pure Industrial Real Estate Trust Announces Election of Trustees

VANCOUVER, May 17, 2016 /CNW/ - Pure Industrial Real Estate Trust ("the Trust") (TSX: AAR.UN) is pleased to announce that at its annual and special meeting held Friday, May 13, 2016 (the "Meeting"), all of the nominees for election as trustees of the Trust referred to in its information circular dated April 6, 2016, available on SEDAR at www.sedar.com, were elected as trustees of the Trust for the ensuing year or until their successors are elected or appointed.

A total of 99,156,497 votes were represented at the Meeting, as follows: (i) 96,621,379 Class A Units representing one vote per Class A Unit; and (ii) 278,947 Class B Units representing 2,535,118 votes. As a ballot was not required, the voting results in the table below reflect proxies received in respect of the election of trustees of the Trust:

Nominee

Votes For

Votes Withheld

Total

Percentage

Total

Percentage

Stephen J. Evans

84,875,902

85.88%

13,955,668

14.12%

Robert W. King

98,486,661

99.65%

344,909

0.35%

Douglas R. Scott

97,766,994

98.92%

1,064,576

1.08%

T. Richard Turner

77,918,710

78.84%

20,912,860

21.16%

James K. Bogusz

95,200,464

96.33%

3,631,105

3.67%

Kevan S. Gorrie

98,669,316

99.86%

137,754

0.14%

 

The Trust has also filed a report of voting results regarding all matters voted on at the Meeting on SEDAR at www.sedar.com

About Pure Industrial Real Estate Trust

PIRET is an unincorporated, open-ended investment trust that owns and operates a diversified portfolio of income-producing industrial properties in leading markets. PIRET is an internally managed REIT that focuses exclusively on investing in industrial properties.

Additional information about the PIRET is available at www.piret.ca or www.sedar.com.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

SOURCE Pure Industrial Real Estate Trust (PIRET)

For further information: Andrew Greig, Director of Investor Relations, Pure Industrial Real Estate Trust, Suite 910, 925 West Georgia Street, Vancouver, BC V6C 3L2, Phone: (604) 398-2836 or (888) 681-5959, E-mail: agreig@piret.ca, www.piret.ca, Toronto Stock Exchange - AAR.UN

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