Brookfield Real Estate Services Inc. Announces Election of Directors

TORONTO, May 8, 2018 /CNW/ - Brookfield Real Estate Services Inc. (the "Company") (TSX: BRE) today announced the voting results for the directors elected at the Company's annual general meeting of shareholders held on May 8, 2018 in Toronto, Ontario.  

Management received the following proxies from holders of restricted voting shares in regard to the election of the four directors nominated for election by this shareholder class:

In addition, management received a proxy from the holder of the one outstanding special voting share for the appointment of Mr. Spencer Enright as the sole designated director appointed by this shareholder class.

Management also received proxies representing approximately 2,258,364 of the Corporation's restricted voting shares and 3,327,667 votes related to the special voting share to ratify the appointment of the Company's external auditors. These proxies instructed management to vote 98.8% of these votes in favour of the resolution to appoint Deloitte LLP as auditors and authorize the Directors to set their remuneration. 

About Brookfield Real Estate Services Inc.

Brookfield Real Estate Services Inc. is a leading provider of services to residential real estate brokers and a network of over 18,000 REALTORS^®1. We operate in Canada under the Royal LePage, Via Capitale and Johnston & Daniel brands. For more information, go to www.Brookfieldresinc.com.

Brookfield Real Estate Services Inc. is an affiliate of Brookfield Asset Management, a leading global alternative asset manager with over $250 billion of assets under management. For more information, go to www.Brookfield.com.

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.