TSX - CUF.UN
QUEBEC CITY, March 20, 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 March 30, 2012, payable on April 16, 2012.
PROFILE as at March 20, 2012
Cominar is one of the largest diversified real estate investment trusts in Canada and the largest commercial property owner in the Province of Québec. The REIT owns a real estate portfolio of 385 high-quality properties that cover a total area of over 30.7 million square feet in Québec, Ontario, the Atlantic Provinces and Western Canada. 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