Cominar REIT operates in the Nonresidential building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cominar REIT with three other
companies in this sector in CANADA :
Allied Properties Real Estate Investment Trust
(2019
sales of 541.45 million Canadian Dollars [US$416.50 million]
of which 100%
was Real estate investmen),
First Capital Real Estate Investment Trust
(746.77 million Canadian Dollars [US$574.44 million]
of which 100%
was Shopping Centre), and
SmartCentres Real Estate Investment Trust
(807.04 million Canadian Dollars [US$620.80 million]
of which 100%
was Real Estate Investment Trust).
Sales Analysis.
Cominar REIT reported sales of C$704.04 million (US$541.57 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 4.2%
versus 2018, when the company's sales were C$734.65 million.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Cominar REIT had sales
of C$739.88 million.
Contributing to the drop in overall sales was the 5.5% decline
in Office Properties, from C$319.01 million to C$301.41 million.
There were also decreases in sales in
Retail Properties (down 5.0% to C$260.42 million)
.
However, these declines were partially offset by the increase in sales of
Industrial and Mixed Use Properties (up 1.0% to C$159.40 million)
.