Bridgemarq Real Estate Services Announces Voting Results from Annual Meeting of Shareholders

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TORONTO, May 8, 2019 /CNW/ - Brookfield Real Estate Services Inc. (dba Bridgemarq Real Estate Services) ("Bridgemarq" and together with its subsidiaries, the "Company") BRE announced the voting results for the directors elected at the Company's annual meeting of shareholders held on May 7, 2019 in Toronto, Ontario.

Bridgemarq is pleased to announce that the holders of restricted voting shares have elected Mr. Colum Bastable, Ms. Lorraine Bell and Ms. Gail Kilgour to the board of directors. The results of the voting are summarized in the following table:

Director Nominee

Votes For

%

Votes Withheld

%

Colum Bastable

2,017,734

98.82%

24,070

1.18%

Lorraine Bell

2,022,295

99.04%

19,509

0.96%

Gail Kilgour

1,255,198

61.47%

786,606

38.53%

 

In addition, Brookfield BBP (Canada) Holdings LP, the owner of the Exchangeable Units issued by the Company and the holder of one special voting share, appointed Mr. Spencer Enright and Mr. Joe Freedman to the board.

Shareholders passed a Name Change Resolution approving an amendment to the articles of the Company to change its name to Bridgemarq Real Estate Services Inc., with 98% of shareholders voting in favour of the resolution. The name change is expected to become effective once customary approvals are received. The Company began operating under the tradename Bridgemarq Real Estate Services on January 3rd, 2019.  

The shareholders also approved the appointment of Deloitte LLP to act as the Company's external auditors for the coming year, with 99% of shareholders approving the appointment.

About Bridgemarq Real Estate Services

Bridgemarq is a leading provider of services to residential real estate brokers and a network of over 18,000 REALTORS®. We operate in Canada under the Royal LePage, Via Capitale and Johnston & Daniel brands. Bridgemarq Real Estate Services is the registered trade name of Brookfield Real Estate Services Inc. For more information, go to bridgemarq.com.

Bridgemarq is an affiliate of Brookfield Business Partners, a business services and industrials company focused on owning and operating high-quality businesses that benefit from barriers to entry and/or low production costs. Brookfield Business Partners is listed on the New York and Toronto stock exchanges. Further information is available at bbu.brookfield.com.

1 REALTORS® is a trademark identifying real estate licensees in Canada who are members of the Canadian Real Estate Association.

SOURCE Brookfield Real Estate Services Inc.

View original content: http://www.newswire.ca/en/releases/archive/May2019/08/c7001.html

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