Cominar Real Estate Investment Trust Announces January 2014 Monthly Distribution
QUEBEC CITY, Jan. 17, 2014 /CNW Telbec/ - Cominar Real Estate Investment Trust ("Cominar" or the "REIT") (TSX: CUF.UN) announced today a distribution of 12.0 cents per unit to unitholders of record as at January 31, 2014, payable on February 14, 2014.
PROFILE AS AT JANUARY 17, 2014
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 496 properties in three different market segments, that is, office buildings, retail buildings and industrial and mixed-use buildings. Cominar's portfolio totals 37.1 million square feet spread out across Québec, Ontario, the Atlantic Provinces and Western Canada. Cominar's objectives are to pay growing cash distributions to unitholders and to maximize unitholder value by way of integrated, proactive management and the expansion of its portfolio.
Cominar has a dividend reinvestment plan for its unitholders that allows participants to reinvest their monthly distributions in additional Trust units. Participants receive a right to receive an additional amount equal to 5% of their monthly distributions in the form of additional units. Information and enrolment forms are available at www.cominar.com.
SOURCE COMINAR REAL ESTATE INVESTMENT TRUSTFor further information:
Michel Dallaire, Eng., President and Chief Executive Officer
Gilles Hamel, CPA, CA, Vice-President Corporate Finance and Administration
Tel: (418) 681-8151