Pure Multi-Family REIT confirms new directors

Pure Multi-Family REIT confirms new directors

Pure Multi-Family REIT confirms new directors Pure Multi-Family REIT LP, a Vancouver-based investment vehicle for “institutional quality” multi-family properties, has publicized the results of its meeting late last week, including the appointment of its board of directors.

“At the Meeting, the Unitholders elected current Directors Stephen Evans, Fraser Berrill, Robert King, John O'Neill, James Redekop, James Speakman and Sherry Tryssenaar to [Pure Multi-Family’s] board of directors,” the REIT announced, adding that former executive Douglas Scott was not re-elected.

“The board of directors wishes to thank Mr. Scott for his leadership and many contributions to Pure Multi-Family, especially in his capacity serving as Chairman of the Audit Committee since our initial public offering in 2012. We wish him the very best in his retirement,” Pure Multi-Family chairman Robert King said.

Among the approved resolutions in the REIT’s May 25 meeting with its unitholders are the following:

- fixing the number of directors of Pure Multi-Family REIT (GP) Inc., the governing partner

- the appointment of KPMG LLP as auditors and authorizing the Directors to fix their remuneration

- the approval of the reconfirmation and amendment and restatement of the unitholder rights plan of Pure Multi-Family