Cominar Real Estate Investment Trust Announces August 2008 Monthly Distribution

    TSX - CUF.UN

    QUEBEC CITY, Aug. 19 /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 August 29, 2008, payable on September 15,

    PROFILE as at August 19, 2008

    Cominar is one of the largest commercial property owners and managers in
the Province of Quebec. The REIT owns a real estate portfolio of 212
high-quality properties, consisting of 36 office, 39 retail and 137 industrial
and mixed-use buildings that cover a total area of over 17.6 million square
feet in the Greater Quebec City, Montreal and 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, (418) 681-8151,; Michel Berthelot,
CA, Executive Vice President and Chief Financial Officer, (418) 681-8151,

Organization Profile

Cominar Real Estate Investment Trust

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