Cominar Real Estate Investment Trust Announces July 2012 Monthly Distribution
14 July 2012 - 2:37AM
PR Newswire (Canada)
TSX - CUF.UN QUEBEC CITY, July 16, 2012 /CNW Telbec/ - Cominar Real
Estate Investment Trust ("Cominar" or the "REIT") announced today a
distribution of 12.0 cents per unit to unitholders of record as at
July 31, 2012, payable on August 15, 2012. PROFILE as at July 16,
2012 Cominar Real Estate Investment Trust is the third largest
diversified real estate investment trust in Canada and currently
remains the largest commercial property owner in the Province of
Québec. The REIT owns a real estate portfolio of 415 high-quality
properties, consisting of 82 office, 158 retail and 175
industrial and mixed-use buildings that cover a total area of
30.7 million square feet in Québec, Ontario, the Atlantic
Provinces and Western Canada. Cominar's objectives are to pay
growing cash distributions to unitholders and to maximise
unitholder value by way of proactive management and the expansion
of its portfolio. The REIT has a distribution reinvestment plan for
its unitholders that allows participants to reinvest their monthly
distributions in additional Trust units. Participants will be given
the right to receive an effective discount of 5% of distributions
to which they are entitled in the form of additional units.
Additional information and enrolment forms are available at
www.cominar.com. COMINAR REAL ESTATE INVESTMENT TRUST CONTACT:
Michel Dallaire, Eng., President and Chief Executive OfficerMichel
Berthelot, CPA, CA, Executive Vice President and Chief
FinancialOfficerTel: (418)
681-8151mdallaire@cominar.commberthelot@cominar.com
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