TSX - CUF.UN
QUEBEC CITY, Feb. 11 /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 February 28, 2011, payable on
March 15, 2011.
PROFILE as at February 11, 2011
Cominar is the largest commercial property owner in the Province of
Québec. The REIT owns a real estate portfolio of 258 high-quality properties, consisting of 48 office, 51 retail and 159 industrial and mixed-use buildings
that cover a total area of over 20 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, P.Eng., President and Chief Executive Officer
Michel Berthelot, CA,Executive Vice President and Chief Financial Officer
Tel: (418) 681-8151