TSX - CUF.UN
QUEBEC CITY, April 15 /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
April 29, 2011, payable on May 16, 2011.
PROFILE as at April 15, 2011
Cominar is the largest commercial property owner in the Province of
Québec. The REIT owns a real estate portfolio of 261 high-quality properties, consisting of 51 office, 51 retail and 159 industrial and mixed-use buildings that cover a total
area of over 20.8 million square feet in the Greater Québec City,
Montréal and Ottawa 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.
SOURCE COMINAR REAL ESTATE INVESTMENT TRUST
For further information:
Michel Dallaire, Eng., President and Chief Executive Officer
Michel Berthelot, CA, Executive Vice President and Chief Financial Officer
Tel: (418) 681-8151