Cominar Real Estate Investment Trust announces election of Trustees

CNW Group

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QUEBEC CITY , May 13, 2014 /CNW Telbec/ - Cominar Real Estate Investment Trust ("Cominar" or the "REIT") (CUF-UN.TO) announced today that each trustee nominee listed in the Management Proxy Circular dated March 26, 2014 was elected as Trustee of the REIT during the Annual and Special Meeting of the Holders of Units held today in Québec City, Québec.

The details of the election are as follows:

 

TRUSTEE NOMINEE

OUTCOME

VOTES FOR

% FOR

VOTES WITHHELD

% WITHHELD

Robert Després

Elected

71,679,559

99.40

430,821

0.60

Gérard Coulombe

Elected

69,957,869

97.01

2,152,511

2.99

Alain Dallaire

Elected

71,121,998

98.63

988,382

1.37

Michel Dallaire

Elected

71,850,851

99.64

259,529

0.36

Pierre Gingras

Elected

71,808,075

99.58

302,305

0.42

Alban D'Amours

Elected

71,784,488

99.55

325,892

0.45

Ghislaine Laberge

Elected

70,666,612

98.00

1,443,768

2.00

Mary-Ann Bell

Elected

70,672,824

98.01

1,437,556

1.99

Johanne M. Lépine

Elected

71,832,669

99.61

277,711

0.39

 

The results of the final votes regarding all matters subject to a vote during the annual and special meeting will be available on the SEDAR website (www.sedar.com).

PROFILE as at May 13 , 2014

Cominar is the third largest diversified real estate investment trust in Canada and currently remains the largest commercial property owner in the Province of Quebec . The REIT owns a real estate portfolio of 527 properties in three different market segments, that is, office properties, retail properties and industrial and mixed-use properties. Cominar's portfolio totals 39.5 million square feet spread out across Quebec , Ontario , the Atlantic Provinces and Western Canada . Cominar's objectives are to pay growing cash distributions to unitholders and to maximize unitholder value through proactive management and the expansion of its portfolio.

SOURCE COMINAR REAL ESTATE INVESTMENT TRUST

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Contact:
Mr. Michel Dallaire, Eng., President and Chief Executive Officer, Cominar Real Estate Investment Trust; Mr. Gilles Hamel, CPA, CA, Executive Vice President and Chief Financial Officer, Cominar Real Estate Investment Trust; (418) 681-8151; michel.dallaire@cominar.com; gilles.hamel@cominar.com
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