TORONTO, June 9, 2015 /CNW/ - H&R Real Estate
Investment Trust ("H&R REIT") and H&R Finance Trust
(together, "H&R") (TSX: HR.UN; 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 April 28, 2015 for the joint annual meetings of
unitholders of H&R (the "Circular") held June 8, 2015 (the "Annual 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
|
140,589,758
|
2,997,429
|
|
Robert
Dickson
|
139,608,769
|
3,978,418
|
|
Edward
Gilbert
|
139,440,562
|
4,143,925
|
|
Laurence
Lebovic
|
137,303,034
|
6,284,153
|
|
Ronald
Rutman
|
138,393,768
|
5,193,419
|
Voting results for the individual trustees of H&R Finance
Trust are as follows:
|
Name of
Nominee
|
Votes
For
|
Votes
Withheld
|
|
Marvin
Rubner
|
133,182,962
|
904,225
|
|
Stephen
Gross
|
133,203,868
|
883,319
|
|
Neil
Sigler
|
133,184,802
|
902,385
|
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 Meetings. Final
results on all matters voted at the Annual Meetings will be filed
shortly with the Canadian securities regulators.
About H&R REIT and H&R Finance Trust
H&R REIT is Canada's
largest diversified real estate investment trust with total assets
of approximately $13.5 billion as at
March 31, 2015. H&R REIT is a
fully internalized REIT and has ownership interests in a North
American portfolio of high quality office, retail, industrial and
residential properties comprising over 46 million square feet.
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
balance is U.S. $220.4 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 REIT and H&R
Finance Trust is available at www.hr-reit.com and on
www.sedar.com.
SOURCE H&R Real Estate Investment Trust