other material
confidence high
sentiment neutral
materiality 0.50
Acadia Realty Trust corrects supplemental report errors; annual meeting votes pass all proposals
ACADIA REALTY TRUST
- Corrected REIT pre-stabilized assets to $337,937 from $1,032,481 and FUND IV to $17,481 from $12,875.
- Corrected REIT development projects to $528,500 from $524,400; total costs to date to $866,437 from $1,556,881.
- All eight trustees elected with 94.5-99.9% support; auditor Deloitte ratified with 99.8% of votes cast.
- Advisory say-on-pay approved with 94.9% of votes cast; 989,325 broker non-votes on proposals 1 and 3.