On June 15, 2012, Cominar Real Estate Investment Trust completed a public offering of $125 million aggregate principal amount of 4.274% Series 1 senior unsecured debentures due June 15, 2017, for total net proceeds to Cominar of approximately $124.1 million.

The debentures were offered to the public by a syndicate of agents led by National Bank Financial Inc. and BMO Nesbitt Burns Inc., including Desjardins Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., RBC Dominion Securities Inc., TD Securities Inc., HSBC Securities (Canada) Inc., Canaccord Genuity Corp., Dundee Securities Ltd. and Macquarie Capital Markets Canada Ltd.

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

Cominar is the third largest diversified real estate investment trust in Canada and the largest commercial property owner in the Province of Québec.