WPT Industrial Real Estate Investment Trust Announces Results of Voting for Trustees at Annual and Special Meeting of Unitholders

TORONTO, May 13, 2016 /CNW/ - WPT Industrial Real Estate Investment Trust (the "REIT") (TSX: WIR.U - OTCQX: WPTIF) announced today the results of voting for trustees at its annual and special meeting of unitholders held earlier today (the "Meeting"). Each of the nominees listed in the management information circular dated April 13, 2016 was elected as a trustee of the REIT at the Meeting. According to proxies received by management in advance of the Meeting, the voting results were:

Nominee

# of Votes
For

% of Votes
For

# of Votes
Withheld

% of Votes
Withheld

Milo D. Arkema

19,182,504

99.80%

38,000

0.20%

Sarah B. Kavanagh

19,207,104

99.93%

13,400

0.07%

Scott T. Frederiksen

19,184,504

99.81%

36,000

0.19%

Stuart H.B. Smith

19,204,204

99.92%

16,300

0.08%

Louis DiNunzio

19,200,204

99.89%

20,300

0.11%

Charles B. Swanson

19,205,404

99.92%

15,100

0.08%

Robert T. Wolf

19,206,004

99.92%

14,500

0.08%

 

Details of the voting results on all matters considered at the Meeting are available in the REIT's report of voting results, which is available under the REIT's profile on SEDAR at www.sedar.com.

About WPT Industrial Real Estate Investment Trust

WPT Industrial 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 formed to own and operate an institutional-quality portfolio of primarily industrial properties located in the United States, with a particular focus on distribution industrial real estate. WPT Industrial, LP (the REIT's operating subsidiary) indirectly owns a portfolio of properties consisting of approximately 15.1 million square feet of gross leasable area, comprised of 46 industrial properties and two office properties located in 13 states in the United States. The REIT pays monthly cash distributions, currently at $0.0633 per Unit, or approximately $0.76 per Unit on an annualized basis, in US funds.

SOURCE WPT Industrial Real Estate Investment Trust

For further information: Scott Frederiksen, Chair and Chief Executive Officer, WPT Industrial Real Estate Investment Trust, Tel: (952) 897-7737, Fax: (952) 842-7737, www.wptreit.com

RELATED LINKS
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