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Press release from CNW Group

Cominar Real Estate Investment Trust Announces March 2011 Monthly Distribution

Friday, March 18, 2011

Cominar Real Estate Investment Trust Announces March 2011 Monthly Distribution11:29 EDT Friday, March 18, 2011TSX - CUF.UNQUEBEC CITY, March 18 /CNW Telbec/ - Cominar Real Estate Investment Trust ("Cominar" or the "REIT") (TSX: CUF.UN) announced today a distribution of 12.0 cents per unit to unitholders of record as at March 31, 2011, payable on April 15, 2011. PROFILE as at March 18, 2011Cominar is the largest commercial property owner in the Province of Québec. The REIT owns a real estate portfolio of 261 high-quality properties, consisting of 51 office, 51 retail and 159 industrial and mixed-use buildings that cover a total area of over 20.8 million square feet in the Greater Québec City, Montréal and Ottawa areas as well as in the Atlantic Provinces. Cominar's objectives are to deliver growing cash distributions to its unitholders and to maximize unitholder value through proactive management and the growth of its portfolio.The REIT has a distribution reinvestment plan for its unitholders that allows participants to reinvest their monthly distributions in additional Trust units. Participants will be given the right to receive an effective discount of 5% of distributions to which they are entitled in the form of additional units. Additional information and enrolment forms are available at further information: Michel Dallaire,Eng., President and Chief Executive OfficerMichel Berthelot, CA,Executive Vice President and Chief Financial OfficerTel: (418) 681-8151