Cominar Real Estate Investment Trust Announces March 2012 Monthly Distribution
March 19 2012 - 5:03AM
PR Newswire (Canada)
TSX - CUF.UN QUEBEC CITY, March 20, 2012 /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 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. COMINAR REAL ESTATE INVESTMENT TRUST CONTACT:
Michel Dallaire, Eng., President and Chief Executive OfficerMichel
Berthelot, CA, Executive Vice President and Chief
FinancialOfficerTel: (418)
681-8151mdallaire@cominar.commberthelot@cominar.com
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