InterRent Announces Voting Results for Election of Trustees

InterRent Announces Voting Results for Election of Trustees


InterRent Announces Voting Results for Election of Trustees

News Release

InterRent Announces Voting Results for Election of Trustees

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

Ottawa, Ontario(June 24, 2015) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (the “REIT”) announced that the nominees listed in the management proxy circular for the 2015 Annual General Meeting of unitholders were elected as trustees of the REIT. Detailed results of the vote for the election of trustees held at the Annual and General Meeting in Ottawa on June 23, 2015 are set out below.

Nominee

Votes in Favour

Percentage of Votes Cast

Votes Withheld

Percentage of Votes Cast

Paul Amirault 40,828,333 88.28% 5,422,600 11.72%
Paul Bouzanis 45,455,994 98.28% 794,939 1.72%
Ronald Leslie 45,577,913 98.54% 673,020 1.46%
Jacie Levinson 45,572,838 98.53% 678,095 1.47%
Mike McGahan 46,231,864 99.96% 19,069 0.04%
Victor Stone 45,578,987 98.55% 671,946 1.45%
About InterRent InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. InterRent's strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions. InterRent's primary objective is to use the proven industry experience of the Trustees, Management and Operational Team to: (i) provide Unitholders with stable and growing cash distributions from investments in a diversified portfolio of multi-residential properties; (ii) enhance the value of the assets and maximize long-term Unit value through the active management of such assets; and (iii) expand the asset base and increase Distributable Income through accretive acquisitions. For further information about InterRent please contact:
Mike McGahan Brad Cutsey Curt Millar, CA
Chief Executive Officer President Chief Financial Officer
Tel: (613) 569-5699 Ext 244 Tel: (613) 569-5699 Ext 226 Tel: (613) 569-5699 Ext 233
Fax: (613) 569-5698 Fax: (613) 569-5698 Fax:(613) 569-5698
e-mail: mmcgahan@interrentreit.com e-mail: bcutsey@interrentreit.com e-mail:cmillar@interrentreit.com

web site: www.interrentreit.com

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for the adequacy or accuracy of this release.