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Northview Apartment REIT Announces Voting Results From 2018 Annual General Meeting of Unitholders

CALGARY, Alberta, May 11, 2018 (GLOBE NEWSWIRE) -- Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN), announced today the voting results from their annual general meeting of unitholders held on Thursday, May 10, 2018 in Calgary, Alberta.

A total of 32,216,749 Trust Units and Special Voting Units (“Units”) were represented at the meeting, being 55.69% of Northview’s issued and outstanding Units. Unitholders voted in favour of all matters brought before the meeting, including the election of all of the trustee nominees. Detailed results of the election of trustees are provided below:

Trustee NomineeVotes ForVotes Withheld
Scott Thon31,389,633 (99.68%)101,494 (0.32%)
Todd R. Cook31,042,536 (98.54%)459,009 (1.46%)
Daniel Drimmer26,930,587 (85.49%)4,570,958 (14.51%)
Kevin E. Grayston30,997,227 (98.43%)493,900 (1.57%)
Dennis J. Hoffman30,476,938 (96.75%)1,024,607 (3.25%)
Christine McGinley31,401,402 (99.68%)100,143 (0.32%)
Terrance L. McKibbon31,057,725 (98.59%)443,820 (1.41%)

At the meeting, unitholders also voted on two additional items of business: the re-appointment of Deloitte LLP as auditors of Northview for the ensuing year and the authorization of the trustees to fix the remuneration payable to the auditors; and on an advisory basis and not to diminish the role and responsibility of the Board of Trustees, approving the approach to executive compensation. 

 Votes ForVotes Withheld or Against
Appointment of Auditors31,736,668 (98.60%)449,522 (1.40%)
Executive Compensation30,974,171 (98.33%)527,374 (1.67%)

CORPORATE PROFILE

Northview is one of Canada's largest publicly traded multi-family REITs with a portfolio of approximately 25,000 quality residential suites and 1.2 million square feet of commercial space in more than 60 markets across eight provinces and two territories. Northview's well-diversified portfolio includes markets characterized by expanding populations and growing economies, which provides Northview the means to deliver stable and growing profitability and distributions to Unitholders of Northview over time. Northview currently trades on the TSX under the ticker symbol: NVU.UN. Additional information concerning Northview is available at www.sedar.com or www.northviewreit.com.

Northview Apartment Real Estate Investment Trust
(403) 531-0720

Mr. Todd Cook
President and Chief Executive Officer

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