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Cominar Real Estate Investment Trust · Quebec City, PQ Canada ·(Toronto: CUF)

Company Description

455 Marais
Quebec City, PQ
G1M 3-A2
Canada (Map)
Phone: +1-418-681-8151
Fax: +1-418-681-2946
Rankings
  • TSX Smallcap
  • TSX Completion
Don't turn around (uh-oh). Cominar's in town...in the Montreal, Quebec City, and Ottawa metropolitan areas. Cominar Real Estate Investment Trust (REIT) is one of the largest owners and managers of commercial property in Quebec, with a portfolio of more than 200 office, retail, industrial, and mixed-use properties totaling more than 18 million sq. ft. of leasable space. (Industrial and mixed-use properties represent a majority of its holdings.) In its largest acquisition to date, the REIT acquired nearly 50 office and industrial properties totaling more than 6 million sq. ft. from Alexis Nihon Real Estate Investment Trust in 2007. Cominar was founded in 1965 by Quebec City entrepreneur Jules Dallaire. To read the full description, subscribe now.
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Key Cominar Real Estate Investment Trust Financials

Company TypePublic - Toronto: CUF

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$192.5
2008 Employees193

Cominar Real Estate Investment Trust Executives

15 executives listed for Cominar Real Estate Investment Trust's Quebec City, PQ location.
TitleName & BioContact
ChairmanRobert DesprésNetwork
President, CEO, and TrusteeMichel DallaireNetwork
EVP Operations and TrusteeAlain DallaireNetwork

Competition

Competitive Landscape for Cominar Real Estate Investment Trust
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.
Top Cominar Real Estate Investment Trust Competitors
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