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Cominar REIT files C$1.5B shelf

Cominar Real Estate Investment Trust filed a preliminary short-form base shelf prospectus covering the sale of up to C$1.50 billion of its securities from time to time during a 25-month period.

The prospectus covers the Canadian diversified REIT's units, debt securities, warrants and subscription receipts.

The company may use the net proceeds toward amounts outstanding under any of its secured or unsecured loans or credit facilities and for repayment of its senior unsecured debentures, among other uses.