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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 emba33on Jan 18, 2015 10:26pm
120 Views
Post# 23333795

RE:RE:RE:Target is leaving canada

RE:RE:RE:Target is leaving canadaHi KC8:

Agreed ... I suspect there are only a handful of impacted locations.  Sounds like some of the locations generate significant interest.  

This is from the BNN website:

 Publicly traded real estate companies control 59 of Target’s 133 locations, ranging from roughly 2 percent of revenue for RioCan REIT and Morguard Corp. to negligible amounts for companies such as First Capital Realty Inc., Calloway REIT and Canadian Real Estate Investment Trust, said Royal Bank of Canada in a research note.

No mention of Cominar ... but I suspect there are some.

Emba33
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