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Montreal Investment Manager Looks To Block Historic Quebec REIT Deal

Letko Brosseau Says Offer of $11.75 Per Unit for Cominar Too Low For REIT Valued at $5.7 Billion
A Cominar REIT office property in Montreal. (CoStar)
A Cominar REIT office property in Montreal. (CoStar)
CoStar News
November 11, 2021 | 7:51 P.M.

A Montreal-based investment manager has come out against one of the largest public takeovers in Quebec history, saying the proposed sale price for Cominar Real Estate Investment Trust is well below the value of its assets.

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