KEYreit Announces Postponement of Meeting of Unitholders

TORONTO, March 22, 2013 /CNW/ - KEYreit (the "REIT") (KEYreit: KRE.UN) announced today the postponement of a planned meeting of unitholders of the REIT scheduled for March 26, 2013. The meeting had originally been convened for the purpose of seeking unitholder approval of the unitholder rights plan adopted by the board of trustees (the "Rights Plan") and to transact such further or other business as may properly come before the meeting or any adjournments or postponements thereof.

The REIT will hold the postponed meeting of unitholders on April 19, 2013 as its annual general meeting. A management information circular will be delivered to unitholders of record in regards to the postponed meeting and will provide details of the location and time of such meeting. In light of the Ontario Securities Commission's decision to cease trade the Rights Plan on April 1, 2013 as previously announced, the meeting will now be held to (i) receive the audited consolidated financial statements of the REIT for the year ended December 31, 2012, together with the auditors' report thereon, (ii) elect the board of trustees and (iii) re-appoint the auditors of the REIT and authorize the trustees to fix the remuneration of the auditors.

About KEYreit

KEYreit (TSX: KRE.UN) is Canada's premier small-box retail property owner with 226 properties in nine provinces across Canada. KEYreit's properties are well located and geographically diverse across Canada with the majority of all properties containing long-term quadruple net leases.

To find out more about KEYreit (TSX: KRE.UN), visit our website at www.keyreit.com

SOURCE: KEYreit

For investor information, please contact:
Teresa Neto
Chief Financial Officer
416-361-9953
[email protected]

KEYreit unitholders, please contact: 
Kingsdale Shareholder Services Inc.
1-888-518-1562 toll-free in North America
1-416-867-2272 outside of North America (collect calls accepted)
[email protected]

Media, please contact:
Longview Communications Inc.
Alan Bayless 604-894-6035, [email protected]
Olena Lobach 416-649-8009, [email protected]