QUÉBEC CITY, Jan. 9, 2017 /CNW Telbec/ - Cominar Real Estate Investment Trust ("Cominar" or the "REIT") (TSX: CUF.UN) announced today that it will release its financial results for the fourth quarter and year ended December 31, 2016 on Thursday, March 9, 2017.
Management will also hold a conference call on the same day at 11:00 a.m. (EST) to discuss the REIT's financial results and performance. Presentation materials will be made available on the REIT's website at www.cominar.com prior to the call.
To take part in the conference call, please dial 1 888 390-0546 in five minutes prior to the start of the call.
For those unable to participate, a recorded version of the conference will be available from Thursday, March 9, 2017 at 2:00 p.m. to Thursday, March 23, 2017 at 11:59 p.m. by dialing 1 888 390-0541 followed by the code 215769 #.
PROFILE AS AT JANUARY 9, 2017
Cominar is the third largest diversified real estate investment trust in Canada and currently remains the largest commercial property owner in the Province of Quebec. The REIT owns a real estate portfolio of 539 properties in three different market segments, that is, office properties, retail properties and industrial and mixed-use properties. Cominar's portfolio totals 44.9 million square feet spread out across Quebec, Ontario, the Atlantic Provinces and Western Canada. Cominar's objectives are to pay growing cash distributions to unitholders and to maximize unitholder value through proactive management and the expansion of its portfolio.
Cominar offers unitholders the opportunity to participate in its Unitholder Distribution Reinvestment Plan, which allows them to receive their monthly cash distributions as additional Cominar units. Participants will be entitled to receive an additional distribution equal to 3% of the distributions reinvested, which will be reinvested in additional units. For more information and to obtain a participation form, please visit Cominar's website at www.cominar.com.
SOURCE COMINAR REAL ESTATE INVESTMENT TRUST
For further information: Michel Dallaire, Eng., Chief Executive Officer, Gilles Hamel, CPA, CA, Executive Vice-President and Chief Financial Officer, Tel: (418) 681-8151, [email protected], [email protected]