TORONTO, ONTARIO--(Marketwired - Jun 6, 2013) - InnVest Real Estate Investment Trust ("InnVest") (TSX:INN.UN) is pleased to announce that at its annual and special meeting of unitholders held on June 5, 2013, all the proposed resolutions, including the appointment of Trustees, were passed by a show of hands.
There were 51,506,797 units represented in person or by proxy at the meeting, representing an aggregate of 54.96% of all eligible votes.
Over 99.9% of the votes represented at the meeting were represented by proxy. If a ballot was held at the meeting, those proxies were directed to vote as follows in respect of the election of Trustees:
| For | Withheld | ||||
| Frank Anderson | 50,632,719 | 698,602 | |||
| Edward W. Boomer | 50,685,579 | 645,742 | |||
| Laurence S. Geller | 50,675,056 | 656,265 | |||
| Morton G. Gross | 44,758,419 | 6,572,902 | |||
| Fernand Perreault | 50,660,543 | 670,778 | |||
TRUST PROFILE
InnVest is an unincorporated open-ended real estate investment trust which owns a portfolio of 135 hotels across Canada representing approximately 18,000 guest rooms operated under internationally recognized brands. InnVest also holds a 50% interest in Choice Hotels Canada Inc., one of the largest franchisors of hotels in Canada.
InnVest's units and convertible debentures trade on the Toronto Stock Exchange (the "TSX") under the symbols INN.UN, INN.DB.C, INN.DB.D, INN.DB.E, INN.DB.F and INN.DB.G.