Skip to main content
Canada’s most-awarded newsroom for a reason
Enjoy unlimited digital access
$1.99
per week
for 24 weeks
Canada’s most-awarded newsroom for a reason
$1.99
per week
for 24 weeks
// //

Interrent Real Estate Investment Trust TSX: IIP-UN-T

Today's Change
Volume
Real-Time Last Update TSX Last Sale

More stories below advertisement

InterRent Announces Voting Results From the 2021 Annual Meeting

Business Wire - Thu Jun 17, 4:00PM CDT
InterRent Real Estate Investment Trust (TSX-IIP.UN) (the "REIT") is pleased to announce the voting results from its 2021 Annual Meeting (the "Meeting") of unitholders held online on June 17, 2021 via live webcast. Each of the matters voted upon at the Meeting is discussed in detail in the REIT's management information circular dated May 7, 2021 (the "Information Circular") and is available on the REIT's website at www.interrentreit.com/MIC2021. A total of 110,217,582 units representing approximately 77.44% of the REIT's issued and outstanding units were voted in person and by proxy in connection with the Meeting. The voting results for each matter presented at the Meeting are provided below:1. Election of TrusteesThe following nominees listed in the Information Circular were elected as trustees of the REIT until the next annual meeting of the unitholders or until their successors are elected or appointed, and the voting results are as follows:Nominee Votes in Favour Percentage of Votes Withheld Votes Withheld as a Votes Cast Percentage of Votes CastPaul Amirault 104,626,864 95.08% 5,408,375 4.92%Paul Bouzanis 104,585,035 95.05% 5,450,204 4.95%John Jussup 89,046,630 80.94% 20,968,609 19.06%Ronald Leslie 108,073,631 98.22% 1,961,608 1.78%Mike McGahan 109,613,802 99.62% 421,437 0.38%2. Election of Trustees of InterRent TrustThe trustees of the REIT were authorized to elect the nominees listed in the Information Circular as trustees of InterRent Trust, until the next annual meeting of the unitholders or until their successors are elected or appointed. The voting results for InterRent Trust are as follows:Votes in Favour Percentage of Votes Cast Votes Against Percentage of Votes Cast3. Election of Directors of InterRent Holdings General Partner LimitedThe trustees of the REIT were authorized to elect the nominees listed in the Information Circular as directors of InterRent Holdings General Partner Limited ("GP"), until the next annual meeting of the unitholders or until their successors are elected or appointed. The voting results for the GP are as follows:Votes in Favour Percentage of Votes Cast Votes Against Percentage of Votes Cast4. Appointment of AuditorRSM Canada LLP, Chartered Professional Accountants, were appointed as auditors of the REIT until the next annual meeting of the unitholders at remuneration to be fixed by the trustees, and the voting results are as follows:Votes in Favour Percentage of Votes Cast Votes Withheld Votes Withheld as a Percentage of Votes CastAbout InterRentInterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.InterRent's strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions.InterRent's primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.Website: www.interrentreit.comThe TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.View source version on businesswire.com: https://www.businesswire.com/news/home/20210617005870/en/SOURCE: InterRent REITMike McGahanChief Executive OfficerTel: (613) 569-5699 Ext 244Fax: (613) 569-5698mmcgahan@interrentreit.comBrad Cutsey, CFAPresidentTel: (613) 569-5699 Ext 226Fax: (613) 569-5698bcutsey@interrentreit.comCurt Millar, CPA, CAChief Financial OfficerTel: (613) 569-5699 Ext 233Fax: (613) 569-5698cmillar@interrentreit.comCOMTEX_388445755/1006/2021-06-17T17:00:00

More stories below advertisement

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2021.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies