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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 12:44pm
116 Views
Post# 26548203

RE:Transferring Unsecured debt to secured mortgages result

RE:Transferring Unsecured debt to secured mortgages result Good. They cannot issue any unsecured debt, which is nice. DBRS rating actually reduces the risk of CEO being dumb. Michel Dallaire even stated that he expected it yet he didn't care because he runs his company his way and not by the books of the credit rating agency.
Most stupid comment I've ever heard from a conference call. As a CEO, you need to keep in mind and meet the requirements of the credit rating agency just like how you would manage your own personal finances. Anyway, maybe the CEO is getting old and we need a new one. The oldie might need a mental check-up.
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