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CT REIT’s Annual Trustee Elections
TORONTO, May 6, 2025 /CNW/ – A quintessentially pivotal moment has occurred for the CT Real Estate Investment Trust (CT REIT). At the Annual Meeting of Unitholders, held recently, all eight trustee nominees were elected with resounding approval.
Election Results in Brief
CT REIT’s trustees were elected by the noble holders of the REIT units. Here are the detailed results:
| Nominee | Votes For | % For | Votes Withheld | % Withheld |
|---|---|---|---|---|
| Pauline Alimchandani | 193,052,944 | 99.83% | 336,637 | 0.17% |
| Heather Briant | 190,791,096 | 98.66% | 2,598,485 | 1.34% |
| Thomas J. (TJ) Flood | 192,663,277 | 99.62% | 726,304 | 0.38% |
| Anna Martini | 193,033,308 | 99.82% | 356,273 | 0.18% |
| Dean McCann | 192,244,779 | 99.41% | 1,144,802 | 0.59% |
| John O’Bryan | 192,901,009 | 99.75% | 488,572 | 0.25% |
| Kevin Salsberg | 193,252,071 | 99.93% | 137,510 | 0.07% |
| Kelly Smith | 193,224,923 | 99.91% | 164,658 | 0.09% |
Each trustee is now set to serve diligently until the next election or until successors emerge.
A Glance at CT REIT
CT REIT, you see, is an unincorporated and closed-end real estate investment trust. Its mission is to own commercial properties that yield income, primarily sited in Canada. Notably, the ensemble’s portfolio encompasses a sprawling 31 million square feet of space. This is chiefly composed of net lease single-tenant retail properties. Canadian Tire Corporation holds the distinction of being its most significant tenant. For further enlightenment, one may peruse ctreit.com.
Unitholders’ Role
Unitholders hold a paramount position in these elections, as they own both CT REIT units and special voting units. Their collective decision reflects considerable trust in the board’s ability to steer the Trust’s future course.
In Summary
The election was held on the 6th of May 2025, and it culminated the annual gathering of the Trust. The proceedings were held with customary precision, a hallmark of CT REIT’s operations.
For more details, do not hesitate to delve into the original release.
Source: CT Real Estate Investment Trust (CT REIT)
