TSX - CUF.UN
QUEBEC CITY, April 16, 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 April 30, 2012, payable on May 15, 2012.
PROFILE as at April 16, 2012
Cominar is the third-largest diversified REITs in Canada and the largest commercial property owner in the Province of Québec. The REIT owns a real estate portfolio of 384 high-quality properties located in Québec, Ontario, the Atlantic Provinces and Western Canada, valued at over $ 4.6 billion. 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.
Michel Dallaire, Eng., President and Chief Executive Officer
Michel Berthelot, CA, Executive Vice President and Chief Financial Officer
Tel: (418) 681-8151
[email protected]
[email protected]
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