TORONTO,
June 20, 2013 /CNW/ - H&R Real
Estate Investment Trust ("H&R REIT") and H&R Finance Trust
(together, "H&R") (TSX: HR.UN; HR.DB.C, HR.DB.D, HR.DB.E and
HR.DB.H) are pleased to announce that each of the trustee nominees
listed in the management information circular dated May 7, 2013 for the joint annual and special
meetings of unitholders of H&R (the "Circular") held today (the
"Annual and Special Meetings") were elected as trustees of H&R.
Voting results for the individual trustees of H&R REIT are as
follows:
Name of Nominee |
Votes For |
Votes Withheld |
Thomas Hofstedter |
131,717,422 |
543,831 |
Robert Dickson |
119,713,023 |
12,548,230 |
Edward Gilbert |
119,575,538 |
12,685,715 |
Laurence Lebovic |
119,704,782 |
12,556,471 |
Ronald Rutman |
119,546,916 |
12,714,337 |
Voting results for the individual trustees of
H&R Finance Trust are as follows:
Name of Nominee |
Votes For |
Votes Withheld |
Marvin Rubner |
131,220,099 |
1,041,154 |
Stephen Gross |
131,635,608 |
625,645 |
Neil Sigler |
131,227,830 |
1,033,423 |
Pursuant to H&R Finance Trust's Declaration
of Trust, Thomas Hofstedter was also
appointed by H&R REIT as a trustee of H&R Finance Trust
All other matters set out in the Circular were
approved by the requisite majority of the unitholders at the Annual
and Special Meetings. Final results on all matters voted at the
Annual and Special Meeting will be filed shortly with the Canadian
securities regulators.
About H&R REIT
H&R REIT is an open-ended real estate investment trust, which
owns a North American portfolio of 40 office, 112 industrial and
163 retail properties comprising over 53 million square feet and 3
development projects, with a fair value of approximately
$13 billion. The foundation of
H&R REIT's success since inception in 1996 has been a
disciplined strategy that leads to consistent and profitable
growth. H&R REIT leases its properties for long terms to
creditworthy tenants and strives to match those leases with
primarily long-term, fixed-rate financing.
About H&R Finance Trust
H&R Finance Trust is an unincorporated investment trust, which
primarily invests in notes issued by a U.S. corporation which is a
subsidiary of H&R REIT. The current note receivable is U.S.
$211.4 million. In 2008, H&R REIT
completed an internal reorganization which resulted in each issued
and outstanding H&R REIT unit trading together with a unit of
H&R Finance Trust as a "Stapled Unit" on the Toronto Stock
Exchange.
Additional information regarding H&R is
available at www.hr-reit.com and on www.sedar.com.
SOURCE H