True North Commercial Real Estate Investment Trust Announces Election of Trustees

/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/

TORONTO, May 22, 2014 /CNW/ - True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the "REIT") is pleased to announce that each of the trustee nominees listed in the management information circular dated April 21, 2014 (the "Circular") for the annual and special meeting of unitholders (the "Meeting") held today, have been elected as trustees of the REIT. Voting results for each of the individual trustees are presented below:

Name of Nominee	Votes For	Percent	Votes Withheld	Percent
Daniel Drimmer	5,520,633	99.95%	2,600	0.05%
Jeff Baryshnik	5,515,320	99.86%	7,913	0.14%
William Biggar	5,523,133	100%	100	0%
Roland Cardy	5,523,133	100%	100	0%
Alon Ossip	5,516,333	99.88%	6,900	0.12%
Sandy Poklar	5,517,301	100%	100	0%

All other matters set out in the Circular were approved by a majority of the unitholders at the Meeting.

About the REIT

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario.

The REIT is focused on acquiring and operating commercial rental properties across Canada and such other jurisdictions where opportunities exist.  Additional information concerning the REIT is available at www.sedar.com. 

SOURCE: True North Commercial Real Estate Investment Trust

Daniel Drimmer
President and Chief Executive Officer
[phone]

or

Tracy Sherren
Chief Financial Officer
[phone]