Agellan Commercial REIT Announces Election of Trustees

TORONTO--(BUSINESS WIRE)--Agellan Commercial Real Estate Investment Trust (TSX: ACR.UN):

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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 30, 2018 were elected as trustees of Agellan at the annual and special meeting of unitholders held on June 12, 2018.

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
Renzo Barazzuol	17,474,597	99.86%	24,579	0.14%	17,499,176
Frank Camenzuli	17,480,970	99.90%	18,206	0.10%	17,499,176
Dayna Gibbs	17,353,172	99.17%	146,004	0.83%	17,499,176
Glen Ladouceur	17,282,607	98.76%	216,569	1.24%	17,499,176
Rafael Lazer	17,269,038	98.68%	230,138	1.32%	17,499,176
Y. Dov Meyer	17,433,697	99.63%	65,479	0.37%	17,499,176
Aida Tammer	17,434,497	99.63%	64,679	0.37%	17,499,176

The REIT’s full report of voting results on this and other matters can be found under the REIT’s issuer profile at www.sedar.com.

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 45 properties contain 6.5 million square feet of gross leasable area, with the REIT’s ownership interest at 6.1 million square feet. The properties are located in major urban markets in the United States and Canada.

Additional information about the REIT is available at www.agellancommercialreit.com or www.sedar.com.