TSX - CUF.UN
QUEBEC CITY, April 16, 2012 /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 30, 2012, payable on May 15, 2012.
PROFILE as at April 16, 2012
Cominar is the third-largest diversified REITs in Canada and the largest commercial property owner in the Province of Québec. The REIT owns a real estate portfolio of 384 high-quality properties located in Québec, Ontario, the Atlantic Provinces and Western Canada, valued at over $ 4.6 billion. Cominar's objectives are to pay growing cash distributions to unitholders and to maximise unitholder value by way of proactive management and the expansion 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.
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