Cominar Real Estate Investment Trust Announces May 2016 Monthly Distribution
May 16 2016 - 4:11PM
PR Newswire (Canada)
QUEBEC CITY, May 16, 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 May 31, 2016, payable on June 15, 2016.
PROFILE AS AT MAY 16,
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 537 properties in three different market
segments, that is, office properties, retail properties and
industrial and mixed-use properties. Cominar's portfolio totals
44.8 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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