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QUÉBEC CITY, May 15, 2013 /CNW Telbec/ - Cominar Real Estate Investment Trust ("Cominar" or the "REIT") (TSX: CUF.UN) announced today that each trustee nominee listed in the Management Proxy Circular dated March 26, 2013 was elected as Trustee of the REIT during the Annual Meeting of the Holders of Units held earlier today in Québec City, Québec.
The details of the election are as follows:
|TRUSTEE NOMINEE||OUTCOME||VOTES FOR||% FOR||VOTES WITHHELD||% WITHHELD|
|Johanne M. Lépine||Elected||70,555,964||99.94||39,808||0.06|
In addition, PricewaterhouseCoopers LLP, Chartered Accountants, have been appointed as the independent auditor of the REIT until the next annual meeting of Unitholders. PricewaterhouseCoopers LLP has been the independent auditor of the REIT since May 18, 2010.
The results of the final votes regarding all matters subject to a vote during the annual meeting that took place earlier today will also be made available on SEDAR (www.sedar.com).
PROFILE as at May 15, 2013
Cominar is the third largest diversified real estate investment trust in Canada and currently remains the largest commercial property owner in the Province of Québec. Cominar owns a real estate portfolio of 501 high-quality properties, consisting of 123 office, 157 retail and 221 industrial and mixed-use buildings with a leasable area of approximately 37.1 million square feet spread out across Québec, Ontario, the Atlantic Provinces and Western Canada. Cominar's objectives are to pay growing cash distributions to unitholders and to maximize unitholder value by way of integrated, proactive management and the expansion of its portfolio.
SOURCE: COMINAR REAL ESTATE INVESTMENT TRUST
For further information:
Mr. Michel Dallaire, Eng.
President and Chief Executive Officer, Cominar Real Estate Investment Trust
Mr. Michel Berthelot
Executive Vice President and Chief Financial Officer, Cominar Real Estate Investment Trust
(418) 681-6300 ext. 2266