Dream Industrial REIT Announces Voting Results for Election of Trustees and Appointment of New Board Chair


TORONTO, ONTARIO--(Marketwired - May 5, 2014) -

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DREAM INDUSTRIAL REIT (the new name for Dundee Industrial REIT) (TSX:DIR.UN) announced that, at its annual general meeting held today, all of the nominees for election as trustees of Dream Industrial REIT referred to in its management information circular for the meeting were elected by acclamation. If a ballot vote had been taken, based solely upon proxies received by Dream Industrial REIT, the voting results for the election of trustees would have been as follows:

Nominee Votes For % Votes For Withheld % Votes Withheld
Michael J. Cooper 27,633,232 99.84 44,311 0.16
Peter Crossgrove 25,382,282 91.71 2,295,261 8.29
Robert Goodall 27,633,183 99.84 44,360 0.16
Johann Koss 27,630,704 99.83 46,839 0.17
Ben Mulroney 26,714,641 96.52 962,902 3.48
Leerom Segal 27,621,381 99.80 56,162 0.20
Vincenza Sera 27,633,638 99.84 43,905 0.16
Sheldon Wiseman 27,629,220 99.83 48,323 0.17

With the departure of Joanne Ferstman from the Board, the REIT is pleased to announce Ms. Vincenza Sera as the Chair of the Board effective immediately.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. Dream Industrial REIT owns a portfolio of 205 primarily light industrial properties comprising approximately 15.6 million square feet of gross leasable area in key industrial markets across Canada. Its objective is to build upon and grow its portfolio and to provide stable, sustainable and growing cash distributions to its unitholders. For more information, please visit www.dundeeindustrial.com.

Contact Information:

Dream Industrial REIT
Randy Cameron
President & Chief Executive Officer
(403) 270-2480
rcameron@dundeeindustrial.com

Dream Industrial REIT
John Todd
Chief Financial Officer
(416) 365-8963
jtodd@dundeeindustrial.com
www.dundeeindustrial.com