Stock Name: CMQ.UN
Amount: CAD 0.0792
Announcement Date: 26/01/2012
Record Date: 27/01/2012
Dividend Detail:
MONTREAL, Jan. 26, 2012 /CNW Telbec/ - CANMARC Real Estate Investment
Trust ("CANMARC") (TSX: CMQ.UN) announced today that in light of the
entering into of the previously announced support agreement among
CANMARC and Cominar Real Estate Investment Trust, CANMARC will suspend,
effective immediately, the operation of its distribution reinvestment
plan (the "DRIP"). As a result, the previously declared distribution of
$0.07917 per unit of CANMARC for the month of January, 2012 which will
be paid on February15,2012 to unitholders of record as at January 31,
2012 will not be eligible for reinvestment pursuant to the DRIP.
About CANMARC Real Estate Investment Trust
CANMARC (www.canmarc.ca) is an unincorporated open-ended real estate investment trust
established pursuant to a declaration of trust under the laws of the
Province of Quebec. Managed internally, CANMARC owns a portfolio of
Canadian income-producing commercial properties, consisting of retail
and office properties with certain industrial properties. In total,
CANMARC properties comprise approximately 9.4 million square feet of
commercial gross leasable area and 464 multi-family residential units
located in Quebec, Atlantic Canada, Western Canada and Ontario.
For further information:
James W. Beckerleg President and Chief Executive Officer CANMARC Real Estate Investment Trust 514-931-2591 | | Mlanie Tardif, CMA NATIONAL Public Relations 514-843-2060 |
| | |
Gordon G. Lawlor, CA Executive Vice President, Chief Financial Officer and Secretary CANMARC Real Estate Investment Trust 514-931-2591 |
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