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Cominar Real Estate Investment Trust Unit T.CUF.UN


Primary Symbol: CMLEF

Cominar Real Estate Investment Trust is a Canadian REIT involved in the ownership and management of properties throughout the Canadian provinces. Cominar's real estate portfolio comprises a mix of office, retail, and industrial and mixed-use properties. While industrial and mixed-use assets are the most numerous and command the most square footage in the company's portfolio, office and retail locations combined represent the vast majority of the portfolio's total value. Most of Cominar's properties are located in the Greater Quebec City and Montreal areas. The company derives nearly all of its revenue from rental income from its investment properties. The source of this revenue is largely split between Cominar's office and retail locations.


OTCPK:CMLEF - Post by User

Comment by Tonydeon May 07, 2018 6:43pm
57 Views
Post# 27994231

RE:RE:$12.44

RE:RE:$12.44
Well snake, I won't get excited yet if I was you! This happen every month. The price goes higher 5 to 10 days before the distribution date. I don't think that the appreciation in the price of this stock has anything to do with May 8th. Those investors that reinvest their distributions ( through their broker) have to pay a higher price ( weighted average) and get fewer sharers for their buck!! It use to be even worse when Cominar had their own DRIP! Having said that, as always I Hope that I'm Wrong. I like your way of thinking, "heading to $13.00"! We have to wait until tomorrow.
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