SOURCE: WPT Industrial REIT

WPT Industrial REIT

May 11, 2017 18:40 ET

WPT Industrial Real Estate Investment Trust Announces Results of Voting for Trustees at Annual Meeting of Unitholders

TORONTO, ON--(Marketwired - May 11, 2017) - WPT Industrial Real Estate Investment Trust (the "REIT") (TSX: WIR.U) (OTCQX: WPTIF) announced today the results of voting for trustees at its annual meeting of unitholders held earlier today (the "Meeting"). Each of the nominees listed in the management information circular dated April 11, 2017 was elected as a trustee of the REIT at the Meeting. On a vote conducted by ballot, the voting results were:

             
Nominee  # of Votes
For
 % of Votes
For
 # of Votes
Withheld
 % of Votes
Withheld
Milo D. Arkema  23,175,033  99.99%  3,092  0.01%
Louis DiNunzio  23,177,233  100.00%  892  0.00%
Scott T. Frederiksen  21,778,133  93.96%  1,399,992  6.04%
Sarah B. Kavanagh  23,176,333  99.99%  1,792  0.01%
Stuart H.B. Smith  21,525,712  92.87%  1,652,413  7.13%
Pamela J. Spackman  23,177,033  100.00%  1,092  0.00%
Robert T. Wolf  23,177,933  100.00%  192  0.00%

Details of the voting results on all matters considered at the Meeting are available in the REIT's report of voting results, which is available under the REIT's profile on SEDAR at www.sedar.com.

About WPT Industrial Real Estate Investment Trust

WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate an institutional-quality portfolio of primarily industrial properties located in the United States, with a particular focus on distribution industrial real estate. WPT Industrial, LP (the REIT's operating subsidiary) indirectly owns a portfolio of properties consisting of approximately 15.6 million square feet of gross leasable area, comprised of 47 industrial properties and two office properties located in 12 states in the United States. The REIT pays monthly cash distributions, currently at $0.0633 per Unit, or approximately $0.76 per Unit on an annualized basis, in US funds.

Contact Information

  • For more information, please contact:

    Scott Frederiksen
    Chair and Chief Executive Officer
    WPT Industrial Real Estate Investment Trust
    Tel: (952) 897-7737
    Fax: (952) 842-7737
    www.wptreit.com