CT Real Estate Investment Trust Announces Election of Trustees
May 08, 2024 at 08:31 am
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TORONTO, May 8, 2024 /CNW/ - CT Real Estate Investment Trust (the "Trust") (TSX: CRT.UN) announced today that each of the eight trustee nominees listed in the Trust's Management Information Circular dated March 4, 2024 were elected as trustees of the Trust at its Annual Meeting of Unitholders (the "Meeting") held on May 7, 2024. The detailed results of the vote for the election of trustees held at the Meeting are set out below.
On a vote, the following eight nominees were elected as trustees of the Trust by the holders of CT REIT trust units and holders of CT REIT special voting units (collectively, the "Unitholders"). The Trust received the following proxy votes from the Unitholders with respect to the election of the eight nominees:
Nominee
Proxy Votes For
% of Proxy Votes For
Proxy Votes Withheld
% of Proxy Votes Withheld
Pauline Alimchandani
189,318,117
99.87 %
250,846
0.13 %
Heather Briant
186,870,169
98.58 %
2,698,794
1.42 %
Gregory Craig
188,235,290
99.30 %
1,333,673
0.70 %
Anna Martini
189,315,731
99.87 %
253,232
0.13 %
Dean McCann
187,706,613
99.02 %
1,862,350
0.98 %
John O'Bryan
189,177,289
99.79 %
391,674
0.21 %
Kevin Salsberg
189,430,800
99.93 %
138,163
0.07 %
Kelly Smith
189,312,468
99.86 %
256,495
0.14 %
Each of the eight nominees elected will serve on the board of trustees of the Trust until the next annual election of trustees or until their earlier resignation or retirement.
About CT Real Estate Investment Trust
CT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 370 properties totalling more than 30 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.
CT Real Estate Investment Trust is a Canada-based unincorporated, closed-end real estate investment trust (REIT) formed to own income-producing commercial properties located primarily in Canada. The Company's principal objective is to invest primarily in net lease, single tenant assets, is to create unitholder value over the long-term by generating reliable, durable and growing monthly distributions on a tax-efficient basis. To achieve this objective, management is focused on expanding the REIT's asset base while also increasing its adjusted funds from operations (AFFO) per unit. Its portfolio is comprised of over 370 properties totaling approximately 30 million square feet of gross leasable area, consisting primarily of net lease single-tenant retail properties located across Canada. Its property types include development, industrial, mixed use, multi-tenant and single tenant. Its properties are located in various regions, such as Western Canada, Atlantic Canada, Ontario and Quebec.