Cominar Real Estate Investment Trust Announces April 2016 Monthly Distribution
April 15 2016 - 1:02PM
PR Newswire (Canada)
QUEBEC CITY, April 15, 2016 /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 April 29, 2016, payable on
May 16, 2016.
PROFILE AS AT APRIL 15,
2016
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 542 properties in three different market
segments, that is, office properties, retail properties and
industrial and mixed-use properties. Cominar's portfolio totals
45.0 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.
SOURCE COMINAR REAL ESTATE INVESTMENT TRUST
Copyright 2016 Canada NewsWire
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