TSX - CUF.UN
QUEBEC CITY, Dec. 8 /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 December 17, 2010, payable on December 31, 2010.
PROFILE as at December 8, 2010
Cominar is the largest commercial property owner in the Province of Québec. The REIT owns a real estate portfolio of 254 high-quality properties, consisting of 47 office, 51 retail and 156 industrial and mixed-use buildings that cover a total area of almost 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.
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
Tel: (418) 681-8151