TORONTO, June 1, 2020 /CNW/ - Canadian Apartment
Properties Real Estate Investment Trust (TSX:CAR.UN) ("CAPREIT")
announced today that, at its Annual and Special Meeting of
Unitholders held today, each of the items of business referred
to in its management information circular dated April 7, 2020 were passed by a vote held by
ballot.
The voting results for each item of business are as follows:
Election of Trustees:
|
Nominee
|
Votes
For
|
% Votes
For
|
Votes
Withheld
|
%
Votes
Withheld
|
|
Harold
Burke
|
116,396,400
|
96.78%
|
3,874,595
|
3.22%
|
|
Gina Cody
|
120,124,718
|
99.88%
|
146,278
|
0.12%
|
|
Mark
Kenney
|
118,964,958
|
98.91%
|
1,306,038
|
1.09%
|
|
Poonam
Puri
|
119,289,278
|
99.18%
|
981,717
|
0.82%
|
|
Jamie
Schwartz
|
119,234,588
|
99.14%
|
1,036,408
|
0.86%
|
|
Michael
Stein
|
102,629,927
|
85.33%
|
17,641,069
|
14.67%
|
|
Elaine
Todres
|
120,184,521
|
99.93%
|
86,475
|
0.07%
|
|
René
Tremblay
|
120,079,941
|
99.84%
|
191,054
|
0.16%
|
Appointment of Auditors
|
Votes
For
|
% Votes
For
|
Votes
Withheld
|
%
Votes
Withheld
|
|
PricewaterhouseCoopers,
LLP, Chartered Accountants
|
109,992,437
|
90.99%
|
10,891,552
|
9.01%
|
Advisory Vote on Executive Compensation
A non-binding advisory vote to accept CAPREIT's approach to
executive compensation was approved.
Votes For: 116,554,786 (96.91%)
Votes Against: 3,716,206 (3.09%)
About CAPREIT
CAPREIT is one of Canada's
largest real estate investment trusts. CAPREIT owns approximately
56,800 suites, including townhomes and manufactured housing sites,
in Canada and, indirectly through
its investment in ERES, approximately 5,600 suites in the Netherlands. CAPREIT manages approximately
60,900 of its owned suites in Canada and Netherlands, and additionally 3,700 suites in
Ireland as at March 31, 2020. For more information about
CAPREIT, its business and its investment highlights, please refer
to our website at www.caprent.com or www.capreit.net and our public
disclosure which can be found under our profile at
www.sedar.com.
SOURCE Canadian Apartment Properties Real Estate Investment
Trust (CAPREIT)