Montreal, February 25, 2010 – On January 12, 2010, Cominar Real Estate Investment Trust closed a public offering of $86.25 million aggregate principal amount of Series E 5.75% Convertible Unsecured Subordinated Debentures.

The Debentures were sold to a syndicate of underwriters led by National Bank Financial Inc. and BMO Nesbitt Burns Inc., including RBC Dominion Securities Inc., Desjardins Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., Canaccord Financial Ltd., CI Capital Markets Inc. and Genuity Capital Markets G.P.

The syndicate of underwriters was represented by a team from Lavery consisting of Marc Rochefort, Michel Servant and Guillaume Lavoie (corporate and securities), and Philip Nolan (tax).

Cominar is the largest commercial property owner and manager in the Province of Québec.