Cominar Real Estate Investment Trust Announces August 2016 Monthly Distribution
August 16 2016 - 11:45AM
PR Newswire (Canada)
QUEBEC CITY, Aug. 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 August 31, 2016, payable on September 15, 2016.
PROFILE AS AT AUGUST 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 538 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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