Inovalis Real Estate Investment Trust Announces Voting Results from the 2020 Annual And Special Meeting

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TORONTO, May 13, 2020 /CNW/ - Inovalis Real Estate Investment Trust (the "REIT") (TSX: INO.UN)  

The REIT announced today that each of the trustee nominees listed in the management information circular of the REIT dated March 24, 2020 were elected as trustees of the REIT at the annual and special meeting of unitholders held on May 13, 2020.  Voting results for the individual trustees of the REIT are as follows: 

	Number of Units Voted For	Percentage of Units Voted For	Number of Units Withheld from Voting	Percentage of Units Withheld from Voting
Stéphane Amine	8,891,654	92.2%	747,757	7.8%
Daniel Argiros	9,598,521	99.6%	40,890	0.4%
Jean-Daniel Cohen	7,857,847	81.5%	1,781,564	18.5%
Jo-Ann Lempert	7,920,361	82.2%	1,719,050	17.8%
Michael Lagopoulos	7,897,592	81.9%	1,741,819	18.1%
Marc Manasterski	9,597,371	99.6%	42,040	0.4%
Michael Missaghie	9,606,471	99.7%	32,940	0.3%
Robert J. Picard	9,593,770	99.5%	45,641	0.5%

The resolution to re-appoint EY, LLP as the auditors of the REIT for the ensuing year and authorizing the trustees to fix the remuneration to be paid to the auditors was approved by 99.8% of the votes, and the resolution to approve the Rights Plan was approved by 99.5% of the votes.

ABOUT  INOVALIS REAL  ESTATE INVESTMENT TRUST

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria. 

SOURCE Inovalis Real Estate Investment Trust

David Giraud, Chief Executive Officer, Inovalis Real Estate Investment Trust, Tel: [phone], [email protected]; Khalil Hankach, Chief Financial Officer, Inovalis Real Estate Investment Trust, Tel:[phone], [email protected]

Related Links

www.inovalis.com