QUEBEC CITY, Aug. 14, 2015 /CNW Telbec/ - Cominar Real
Estate Investment Trust ("Cominar" or the "REIT") (TSX:
CUF.UN) announced today a distribution of 12.25 cents per unit to unitholders of record
as at August 31, 2015, payable on
September 15, 2015.
PROFILE AS AT AUGUST 14,
2015
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 567 properties in three different market
segments, that is, office properties, retail properties and
industrial and mixed-use properties. Cominar's portfolio totals
46.0 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 5% 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