Cominar Real Estate Investment Trust Announces November 2011 Monthly Distribution
November 14 2011 - 2:39PM
PR Newswire (Canada)
TSX - CUF.UN QUEBEC CITY, Nov. 18, 2011 /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
November 30, 2011, payable on December 15, 2011. PROFILE as at
November 18, 2011 Cominar is the largest commercial property owner
in the Province of Québec. The REIT owns a real estate portfolio of
269 high-quality properties, consisting of 53 office, 55 retail and
161 industrial and mixed-use buildings that cover a total area of
20.9 million square feet in the Greater Québec City, Montréal
and Ottawa-Gatineau areas as well as in the Atlantic Provinces.
Cominar's objectives are to deliver growing cash distributions to
its unitholders and to maximize unitholder value through proactive
management and the growth 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, CA, Executive Vice
President and Chief FinancialOfficerTel: (418)
681-8151mdallaire@cominar.commberthelot@cominar.com
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