TORONTO, ONTARIO--(Marketwired - Feb. 25, 2014) - InnVest Real Estate Investment Trust (TSX:INN.UN) today announced that its annual and special meeting of unitholders will be held on May 27, 2014 in Toronto, Ontario. The record date for determining unitholders entitled to vote at the meeting has been set as April 22, 2014. InnVest will provide further information about the meeting in a management information circular that will be mailed to unitholders and posted on SEDAR in due course.
On February 4, 2014, InnVest received a requisition for a special meeting of unitholders from Orange Capital, LLC. The board of trustees of InnVest has determined that it is in the best interests of the REIT and its unitholders to hold the requisitioned special meeting on May 27, 2014, concurrently with its annual general meeting.
InnVest is an unincorporated open-ended real estate investment trust which owns a portfolio of 126 hotels across Canada representing approximately 16,000 guest rooms operated under internationally recognized brands. InnVest also holds a 50% interest in Choice Hotels Canada Inc., one of the largest franchisors of hotels in Canada.
InnVest's units and convertible debentures trade on the Toronto Stock Exchange (the "TSX") under the symbols INN.UN, INN.DB.C, INN.DB.D, INN.DB.E, INN.DB.F and INN.DB.G.