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Cominar REIT (CUF_u.TO)

CUF_u.TO on Toronto Stock Exchange

14.79CAD
19 Jan 2018
Change (% chg)

$0.03 (+0.20%)
Prev Close
$14.76
Open
$14.77
Day's High
$14.84
Day's Low
$14.69
Volume
553,922
Avg. Vol
425,631
52-wk High
$15.06
52-wk Low
$11.84

Latest Key Developments (Source: Significant Developments)

Cominar REIT Announces Increase Of 2017 Normal Course Issuer Bid
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Cominar REIT ::COMINAR REIT - RECEIVED APPROVAL OF TORONTO STOCK EXCHANGE TO AMEND NCIB TO RAISE MAXIMUM NUMBER OF UNITS IT INTENDS TO REPURCHASE TO 17.6 MILLION UNITS.COMINAR REIT - NO OTHER TERMS OF NORMAL COURSE ISSUER BID HAVE CHANGED.  Full Article

Cominar Announces Sale Of All Non-Core Properties To Slate Acquisitions Inc. For Proceeds Of $1.14 Billion
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Cominar Reit ::COMINAR ANNOUNCES SALE OF ALL NON-CORE PROPERTIES TO SLATE ACQUISITIONS INC. FOR PROCEEDS OF $1.14 BILLION.COMINAR REIT - ENTERED INTO AGREEMENT WITH SLATE ACQUISITIONS FOR SALE OF ENTIRE NON-CORE MARKET PROPERTY PORTFOLIO FOR GROSS PROCEEDS OF $1.14 BILLION.COMINAR REIT - NET PROCEEDS FROM SALE OF NON-CORE MARKET PORTFOLIO WILL BE USED TO REDUCE INDEBTEDNESS BY APPROXIMATELY $875 MILLION.  Full Article

Sylvain Cossette becomes president and CEO of Cominar
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Cominar Reit :Sylvain Cossette becomes president and chief executive officer of Cominar.Cominar REIT - Qtrly ‍net operating income was $110.2 million compared to $124.6 million for corresponding period of 2016​.Cominar REIT - ‍Recurring funds from operations for q3 of 2017 was $65.3 million, compared to $68.5 million​.Cominar REIT qtrly ‍recurring adjusted funds from operations for Q3 of 2017 $0.30​ per share.Cominar REIT - Have ‍decided to refocus activities on core markets being province of Quebec and Ottawa region​.Cominar REIT qtrly ‍operating revenues $204.2 million versus $217.9 million.Cominar REIT - ‍ Michel Dallaire is chairman of board of trustees and outgoing chief executive officer of Cominar​.  Full Article

Cominar's board appoints Sylvain Cossette as president and chief executive officer
Wednesday, 4 Oct 2017 

Oct 3 (Reuters) - Cominar Reit :Board of trustees announces appointment of Sylvain Cossette as president and chief executive officer.Michel Dallaire, Cominar's long-time chief executive officer, will devote himself to duties as chairman of board of trustees.Beginning January 1, 2018, Sylvain will also replace Alain Dallaire on board of trustees.  Full Article

Cominar REIT Q2 earnings per share $0.41
Thursday, 4 Aug 2016 

Cominar Real Estate Investment Trust : Qtrly earnings per share $0.41; qtrly operating revenue $217.3 million, down 3.3 percent . Q2 revenue view C$217.6 million -- Thomson Reuters I/B/E/S . Qtrly funds from operations per unit $0.42 .Q2 FFO per share view c$0.43 -- Thomson Reuters I/B/E/S.  Full Article

Ivanhoé Cambridge cuts stake in Cominar REIT to slightly above 5 pct
Tuesday, 7 Jun 2016 

Ivanhoé Cambridge: Announces the disposal of a portion of its units in Cominar REIT .Reduces its interest from 7.8 percent to slightly above 5 percent of trust units.  Full Article

Cominar Real Estate Investment Trust Announces February 2016 Monthly Distribution
Tuesday, 16 Feb 2016 

Cominar Real Estate Investment Trust:Says distribution of 12.25 cents per unit to unitholders of record as at February 29, 2016, payable on March 15, 2016.  Full Article

Cominar REIT to sell non-core assets for C$1.14 billion

Cominar Real Estate Investment Trust said on Monday it would sell its non-core property assets to privately held Slate Acquisitions Inc for C$1.14 billion ($885.23 million) to reduce debt and focus on core assets.