MONTREAL, Jan. 20, 2012 /CNW/ - CANMARC Real Estate Investment Trust ("CANMARC") (TSX: CMQ.UN) announced today that a cash distribution of $0.07917 per unit of CANMARC (the "Units") for the month of January, 2012 will be payable on February 15, 2012 to unitholders of record as at January 31, 2012.
Unitholders can participate in CANMARC's distribution reinvestment plan (the "DRIP"). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Units issued from treasury and will also receive bonus Units equal in value to 3% of their monthly cash distributions. The DRIP offers unitholders the opportunity to steadily increase their ownership in CANMARC without incurring any commissions or brokerage fees. Complete details of the DRIP are available from a unitholder's investment advisor.
About CANMARC Real Estate Investment Trust
CANMARC (www.canmarc.ca) is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Quebec. Managed internally, CANMARC owns a portfolio of Canadian income-producing commercial properties, consisting of retail and office properties with certain industrial properties. In total, CANMARC properties comprise approximately 9.1 million square feet of commercial gross leasable area and 464 multi-family residential units located in Quebec, Atlantic Canada, Western Canada and Ontario.
| James W. Beckerleg President and Chief Executive Officer CANMARC Real Estate Investment Trust 514-931-2591 |
Mélanie Tardif, CMA NATIONAL Public Relations 514-843-2060 |
| Gordon G. Lawlor, CA Executive Vice President, Chief Financial Officer and Secretary CANMARC Real Estate Investment Trust 514-931-2591 |
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