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CUF.UN Cominar Real Estate Investment Trust

11.74
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
Cominar Real Estate Investment Trust TSX:CUF.UN Toronto Trust
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 11.74 11.74 11.75 0 01:00:00

Cominar Real Estate Investment Trust - Announces September 2014 Monthly Distribution

18/09/2014 9:01pm

PR Newswire (Canada)


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QUEBEC CITY, Sept. 18, 2014 /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 September 30, 2014, payable on October 15, 2014

PROFILE AS AT SEPTEMBER 18, 2014
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 526 properties in three different market segments, that is, office properties, retail properties and industrial and mixed-use properties. Cominar's portfolio totals 39.5 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

Copyright 2014 Canada NewsWire

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