FPI Cominar

 

Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) is an unincorporated closed-end investment trust created in 1998. Cominar’s units and convertible debentures are publicly traded and listed on the Toronto Stock Exchange (TSX) under the symbols CUF.UN, CUF.DB and CUF.DB.B respectively.


With more than 18.2 million square feet of leasable space, Cominar is the largest commercial property owner and manager in the province of Quebec. Our real estate portfolio includes 213 high quality office, retail, and industrial and mixed-use buildings in the Montreal, Quebec City and Ottawa regions.

 

Cominar’s many strengths include the following:

  • A real estate portfolio diversified among three sectors of activity and three geographical areas, providing high and stable occupancy rates
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  • A trustworthy and highly motivated team with in-depth knowledge of and extensive experience with the commercial real estate market
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  • Fully integrated inhouse management to perfectly align management and trustee interests with those of unitholders
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  • A solid track record of operational and financial performance
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  • A strong financial position that allows it to capitalize on acquisition and development opportunities

Cominar is also one of the very few Canadian REITs where management and trustees hold more than 20% of outstanding units. This long-term commitment helps ensure the REIT’s stability and the solid growth of its real estate portfolio.

 

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Last update: November 13, 2008