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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 xbox360on Aug 04, 2017 12:35pm
116 Views
Post# 26548144

RE:Debt

RE:DebtOver 92% occupancy, they could sell their assets. You can easily sell assets when it is occupied, rent being collected. They need to start selling their assets now, not later. It takes time to sell real estate assets. NCIB is not an option right now, yet they need to state that it is their goal and list the properties for sale. That's all. JMO
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