Dream Residential REIT Announces Voting Results of Annual Meeting of Unitholders

TORONTO--()--DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX:DRR.U and TSX:DRR.UN) (“Dream Residential REIT” or the “REIT”) announced that, at its annual meeting of unitholders (the “Meeting”) held today, all of the nominees for election as trustees of the REIT (the “Trustees”) referred to in its management information circular for the Meeting were elected. Votes cast on this matter were as follows:

Nominee

Votes For

% Votes For

Votes Withheld

% Votes Withheld

Leonard Abramsky

4,316,632

76.35

1,337,457

23.65

P. Jane Gavan

5,646,789

99.87

7,300

0.13

Fahad Khan

5,646,789

99.87

7,300

0.13

Brian Pauls

5,648,859

99.91

5,230

0.09

Vicky Schiff

5,649,289

99.92

4,800

0.08

At the Meeting, PricewaterhouseCoopers LLP was appointed auditor of the REIT and its subsidiaries for the ensuing year, and the Trustees were authorized to fix the remuneration of the auditor.

About Dream Residential REIT

Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns a portfolio of garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.

Contacts

Dream Residential REIT

Brian Pauls
Chief Executive Officer
(416) 365-2365
bpauls@dream.ca

Derrick Lau
Chief Financial Officer
(416) 365-2364
dlau@dream.ca

Scott Schoeman
Chief Operating Officer
(303) 519-3020
sschoeman@dream.ca

Contacts

Dream Residential REIT

Brian Pauls
Chief Executive Officer
(416) 365-2365
bpauls@dream.ca

Derrick Lau
Chief Financial Officer
(416) 365-2364
dlau@dream.ca

Scott Schoeman
Chief Operating Officer
(303) 519-3020
sschoeman@dream.ca