TSX - CUF.UN
QUEBEC CITY, Oct. 16 /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 October 31, 2007, payable on November 15,
2007.
PROFILE as at October 16, 2007
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Cominar is one of the largest retail property owners and managers in the
Province of Quebec. The REIT owns a real estate portfolio of 205 high-quality
properties, consisting of 36 office, 36 retail and 133 industrial and
mixed-use buildings that cover a total area of over 17 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, (418) 681-8151, mberthelot@cominar.com
