Cominar Real Estate Investment Trust Announces January 2013 Monthly Distribution
Cominar Real Estate Investment Trust Announces January 2013 Monthly Distribution
QUEBEC CITY, Feb. 15, 2013 /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 February 28, 2013, payable on March 15, 2013.
PROFILE AS AT FEBRUARY 15, 2013 Cominar is the third largest diversified real estate investment trust in Canada and currently remains the largest commercial property owner in the Province of Québec. Cominar owns a real estate portfolio of 500 high-quality properties, consisting of 123 office, 157 retail and 220 industrial and mixed-use buildings that cover a total area of near 37 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 maximize unitholder value by way of proactive management and the expansion of its portfolio.
Cominar has a dividend reinvestment plan for its unitholders that allows participants to reinvest their monthly distributions in additional Trust units. Participants receive an effective discount of 5% of distributions in the form of additional units. Information and enrolment forms are available at www.cominar.com.
Michel Dallaire, Eng., President and Chief Executive Officer Michel Berthelot, CPA, CA, Executive Vice-President and Chief Financial Officer Tel: (418) 681-8151 michel.dallaire@cominar.commichel.berthelot@cominar.com
SOURCE: COMINAR REAL ESTATE INVESTMENT TRUST
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CO: COMINAR REAL ESTATE INVESTMENT TRUST ST: Quebec NI: FND 2523 FIN
-0- Feb/15/2013 20:22 GMT
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