Agellan Commercial REIT Announces Election of Trustees

TORONTO--()--Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN):

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that all of the trustee nominees listed in its management information circular dated April 18, 2017 were elected as trustees of Agellan at the annual meeting of unitholders held on June 12, 2017.

The results of the vote for each nominee trustee are set out below:

                               
Nominee    

Proxy Votes
For

   

% of Proxy
Votes For

   

Proxy Votes
Withheld

   

% of Proxy
Votes
Withheld

   

Total # of
Proxy
Votes

Frank Camenzuli     12,534,776     99.91%     11,796     0.09%     12,546,572
Richard Dansereau     12,376,572     98.65%     170,000     1.35%     12,546,572
Dayna Gibbs     12,491,212     99.56%     55,360     0.44%     12,546,572
Glen Ladouceur     12,373,672     98.62%     172,900     1.38%     12,546,572
Rafael Lazer     11,854,537     94.48%     692,035     5.52%     12,546,572
Anthony Messina     11,697,101     93.23%     849,471     6.77%     12,546,572
Kelly Smith     12,494,272     99.58%     52,300     0.42%     12,546,572
                   

About Agellan Commercial Real Estate Investment Trust

The REIT is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning industrial, office and retail properties in select target markets in the United States and Canada.

The REIT’s 36 properties contain 6.7 million square feet of gross leasable area, with the REIT’s ownership interest at 6.3 million square feet. The properties are located in major urban markets in the United States and Canada.

Contacts

Agellan Commercial Real Estate Investment Trust
Frank Camenzuli, 416-593-6800 x226
CEO
Fax: 416-593-6700

Contacts

Agellan Commercial Real Estate Investment Trust
Frank Camenzuli, 416-593-6800 x226
CEO
Fax: 416-593-6700