/EINPresswire.com/ -- VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 02/24/16 -- Madison Pacific Properties Inc. (the Company) (TSX: MPC)(TSX: MPC.C), reports the voting results of the Annual General Meeting of its shareholders held February 23, 2016 in Vancouver, British Columbia.

The following six nominees were re-elected as directors of the Company by the following votes:

Nominee                    Votes For    Percent    Votes Withheld    Percent
----------------------------------------------------------------------------
Marvin Haasen              2,396,065     93.74%           159,968      6.26%
Sam Grippo                 2,396,165     93.75%           159,868      6.25%
Michael W. Delesalle       2,556,033    100.00%                 -      0.00%
Richard C. Benmore         2,551,930     99.84%             4,103      0.16%
Peter J. Bonner            2,555,933    100.00%               100      0.00%
Mark E. Elliott            2,551,930     99.84%             4,103      0.16%

In addition, PricewaterhouseCoopers LLP was re-appointed as the auditor for the Company.

About the Company: Madison Pacific Properties Inc. is a Vancouver-based real estate company with approximately $380 million in investment properties, comprising 2.1 million rentable sq. ft. of industrial and commercial space, of which, over 99% of the available space is leased.

Contacts:
Madison Pacific Properties Inc.
Mr. Marvin Haasen
President & CEO
(604) 732-6540
(604) 732-6550 (FAX)

Madison Pacific Properties Inc.
Mr. Dino Di Marco
Investor Information
(604) 732-6540

Madison Pacific Properties Inc.
389 West 6th Avenue
Vancouver, B.C.
V5Y 1L1

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