Cominar Real Estate Investment Trust Unit T.CUF.UN

Primary Symbol: CMLEF

Real Estate REIT - Diversified

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.

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Cominar Real Estate Investment Trust Unit > CUF SITTING ON MORE THAN $2BILLION UNENCUMBERED ASSETS

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Comment by AvInvestoron May 12, 2020 11:37am

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Post# 31017032

RE:CUF SITTING ON MORE THAN $2BILLION UNENCUMBERED ASSETS

And hence Cominar would have no more equity in the business and no more liquidity. Additionally, lenders most probably have financing conditions that require a certain amount of equity ratio in their portfolio.

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