Cominar Real Estate Investment Trust announces election of Trustees

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QUEBEC CITY, May 13, 2014 /CNW Telbec/ - Cominar Real Estate Investment Trust ("Cominar" or the "REIT") (TSX: CUF.UN) announced today that each trustee nominee listed in the Management Proxy Circular dated March 26, 2014 was elected as Trustee of the REIT during the Annual and Special Meeting of the Holders of Units held today in Québec City, Québec.

The details of the election are as follows:

 

TRUSTEE NOMINEE	OUTCOME	VOTES FOR	% FOR	VOTES WITHHELD	% WITHHELD
Robert Després	Elected	71,679,559	99.40	430,821	0.60
Gérard Coulombe	Elected	69,957,869	97.01	2,152,511	2.99
Alain Dallaire	Elected	71,121,998	98.63	988,382	1.37
Michel Dallaire	Elected	71,850,851	99.64	259,529	0.36
Pierre Gingras	Elected	71,808,075	99.58	302,305	0.42
Alban D'Amours	Elected	71,784,488	99.55	325,892	0.45
Ghislaine Laberge	Elected	70,666,612	98.00	1,443,768	2.00
Mary-Ann Bell	Elected	70,672,824	98.01	1,437,556	1.99
Johanne M. Lépine	Elected	71,832,669	99.61	277,711	0.39

 

The results of the final votes regarding all matters subject to a vote during the annual and special meeting will be available on the SEDAR website (www.sedar.com).

PROFILE as at May 13, 2014

Cominar is the third largest diversified real estate investment trust in Canada and currently remains the largest commercial property owner in the Province of Quebec. The REIT owns a real estate portfolio of 527 properties in three different market segments, that is, office properties, retail properties and industrial and mixed-use properties. Cominar's portfolio totals 39.5 million square feet spread out across Quebec, Ontario, the Atlantic Provinces and Western Canada. Cominar's objectives are to pay growing cash distributions to unitholders and to maximize unitholder value through proactive management and the expansion of its portfolio.

SOURCE COMINAR REAL ESTATE INVESTMENT TRUST

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