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Agellan Commercial Absolute Acreage Beforehand Assurance (the “REIT”) (ACR.UN) appear today that Institutional Shareholder Services, Inc. (“ISS”) and Glass, Lewis & Co., LLC ()Glass Lewis”), two arch absolute proxy advising firms, accept recommended that unitholders of the REIT ()Unitholders”) vote FOR the appropriate resolution (the “Special Resolution”) at the accessible appropriate affair of Unitholders ()Meeting”) to accept the plan of adjustment pursuant to which Elad Genesis Bound Partnership or one of its affiliates ()Elad”) will, amid added things, access all of the outstanding assurance units of the REIT ()Trust Units”), added than Assurance Units already endemic by Elad or its affiliates, for $14.25 per Assurance Unit in banknote ()Transaction”).



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“Both ISS and Glass Lewis abutment the accepted advocacy of the lath of advisers of the REIT that Unitholders vote in favour of the Transaction,” said Mr. Glen Ladouceur, Chair of the lath of advisers of the REIT. “These absolute recommendations accentuate our aplomb in the Transaction as one that is in the best interests of the REIT and Unitholders.”

ISS and Glass Lewis are accustomed as arch absolute proxy and accumulated babyminding advising firms whose recommendations are relied aloft by abounding above institutional beforehand firms, alternate and alimony funds and added institutional shareholders.

The lath of advisers of the REIT absolutely recommends that Unitholders vote FOR the Appropriate Resolution.



Your vote is absolute important. Unitholders should vote FOR the Appropriate Resolution application the anatomy of proxy or voting apprenticeship anatomy in beforehand of the voting borderline at 10:00 a.m. on Tuesday, January 8, 2019 or, if the Affair is adjourned or postponed, 48 hours (excluding Saturdays, Sundays and holidays in the Province of Ontario) above-mentioned to the adjourned or adjourned Meeting.

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Unitholders who accept questions about the Transaction or charge abetment voting may acquaintance Shorecrest Group, Ltd., the REIT’s proxy address abettor at:

Shorecrest Group, Ltd. North America Toll-Free: 1-888-637-5789 Collect Calls Outside North America: 1-647-931-7454 E-mail: contact@shorecrestgroup.com

About Agellan Commercial Absolute Acreage Beforehand Assurance

The REIT is an unincorporated, advancing absolute acreage beforehand assurance accustomed pursuant to a acknowledgment of assurance beneath the laws of the Province of Ontario. The REIT has been created for the purpose of accepting and owning industrial, appointment and retail backdrop in baddest ambition markets in the United States and Canada.

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The REIT’s 46 backdrop accommodate 8.3 actor aboveboard anxiety of gross leasable area, with the REIT’s buying absorption at 7.0 actor aboveboard feet. The backdrop are primarily amid in above burghal markets in the United States.

Additional advice about the REIT is accessible at www.agellancommercialreit.com or www.sedar.com.

Forward-Looking Information:

This columnist absolution contains advanced advice aural the acceptation of applicative balance legislation, which reflects the REIT’s accepted expectations apropos approaching events. Advanced advice includes, but is not bound to: statements apropos the proposed Transaction referred to in this columnist release; the timing for the Affair at which the Transaction will be advised and any added statements apropos the REIT’s expectations, intentions, diplomacy and beliefs.

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Advanced advice is based on a cardinal of assumptions and is accountable to a cardinal of risks and uncertainties, abounding of which are above the REIT’s ascendancy that could account absolute after-effects and contest to alter materially from those that are appear in or adumbrated by such advanced information. These include, but are not bound to, the abortion to access all-important approvals or amuse the altitude to closing the Transaction; the accident of any event, change or added accident that could accord acceleration to the abortion of the Transaction; actual adverse changes in the business or diplomacy of the REIT; either party’s abortion to able the Transaction back required; aggressive factors in the industries in which the REIT operates; absorption rates; prevailing bread-and-butter conditions; and added factors, abounding of which are above the ascendancy of the REIT. Additional factors and risks which may affect the REIT or its business are declared in the REIT’s anniversary advice anatomy and the REIT’s management’s and altercation and assay for the year concluded December 31, 2017 and in the added letters filed beneath the REIT’s contour on www.sedar.com .

The advanced advice independent in this columnist absolution are fabricated as of the date of this columnist absolution and, except as especially appropriate by applicative law, the REIT assumes no obligation to about amend or alter any advanced statement, whether as a aftereffect of new information, approaching contest or otherwise.

View antecedent adaptation on businesswire.com: https://www.businesswire.com/news/home/20181220006008/en/

SOURCE: Agellan Commercial Absolute Acreage Beforehand Assurance

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Glen Ladouceur, Trustee, Chairman Agellan Commercial Absolute Acreage Beforehand Assurance Tel: (416) 593-6800 Fax: (416) 593-6700

Copyright Business Wire 2018

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