• September 13, 2007 4:02 PM
  • - Financial
  • - Dividends
  • - Financial Services
  • - Real Estate

Cominar Real Estate Investment Trust Announces September 2007 Monthly Distribution


    TSX - CUF.UN

    QUEBEC CITY, Sept. 13 /CNW Telbec/ - Cominar Real Estate Investment Trust
("Cominar" or the "REIT") announced today a distribution of 11.0 cents per
unit to unitholders of record as at September 28, 2007, payable on October 15,
2007.

    PROFILE as at September 13, 2007
    --------------------------------

    Cominar is one of the largest retail property owners and managers in the
Province of Quebec. The REIT owns a real estate portfolio of 206 high-quality
properties, consisting of 37 office, 36 retail and 133 industrial and
mixed-use buildings that cover a total area of over 17.2 million square feet
in the Greater Quebec City, Montreal and Gatineau/Ottawa areas. 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.
    %SEDAR: 00010204EF



For further information: Michel Dallaire, P.Eng., President and Chief
Executive Officer, mdallaire@cominar.com; Michel Berthelot, CA, Executive Vice
President and Chief Financial Officer, mberthelot@cominar.com; (418) 681-8151