Cominar Real Estate Investment Trust Announces August 2007 Monthly Distribution

    TSX - CUF.UN

    QUEBEC CITY, Aug. 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 August 31, 2007, payable on September 17,
2007. This distribution represents a 4.8% increase over the previous

    PROFILE as at August 16, 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
    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
    %SEDAR: 00010204EF

For further information:

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

Organization Profile

Cominar Real Estate Investment Trust

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