Board of Trustees approves 7.4% increase to monthly distribution, reflecting continued growth in AFFO OTTAWA, Aug. 12, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced its financial results for the second quarter and six months ended June 30, 2019 (“Q2 2019” and “YTD 2019”, respectively). The REIT acquired… [Read More]
Minto Apartment REIT Announces Unitholder Approval in Connection with Acquisition of High Park Village
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ OTTAWA, July 24, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (TSX: MI.UN) (the “REIT”) today announced that, in connection with its previously announced acquisition of a 40% interest in the High Park Village apartment complex in Toronto (the “Acquisition”) from Minto… [Read More]
Minto Apartment REIT Announces $131.2 Million Conditional Agreement to Acquire a 40% Interest in an Urban Toronto Property with Three High-Rise Towers and Significant Repositioning and Intensification Potential
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ Acquisition Highlights Acquisition of a managing 40% interest in High Park Village, a 750 suite multi-residential rental property in Toronto’s High Park neighbourhood for approximately $131.2 million, representing a 5% discount to appraised value; Ongoing repositioning program expected to generate significant return… [Read More]
Minto Apartment REIT Announces July 2019 Cash Distribution
OTTAWA, July 15, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT“) (TSX: MI.UN) today announced a cash distribution of $0.03416 per REIT unit for the month of July 2019, representing $0.41 per REIT unit on an annualized basis. Payment will be made on August 15, 2019 to unitholders of record as at July 31,… [Read More]
Minto Apartment REIT to Report Second Quarter 2019 Financial Results on August 12, 2019
OTTAWA, July 9, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT“) (TSX: MI.UN) today announced that it will release its 2019 second quarter financial results after market close on Monday, August 12th, 2019. Michael Waters, Chief Executive Officer, and Julie Morin, Chief Financial Officer, will host a conference call for analysts and investors… [Read More]
Minto Apartment REIT Announces June 2019 Cash Distribution
OTTAWA, June 17, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT“) (TSX: MI.UN) today announced a cash distribution of $0.03416 per REIT unit for the month of June 2019, representing $0.41 per REIT unit on an annualized basis. Payment will be made on July 15, 2019 to unitholders of record as at June 30,… [Read More]
Minto Apartment REIT Announces May 2019 Cash Distribution
OTTAWA, May 15, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT“) (TSX: MI.UN) today announced a cash distribution of $0.03416 per REIT unit for the month of May 2019, representing $0.41 per REIT unit on an annualized basis. Payment will be made on June 14, 2019 to unitholders of record as at May… [Read More]
Minto Apartment REIT Announces April 2019 Cash Distribution
OTTAWA, April 15, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT“) (TSX: MI.UN) today announced a cash distribution of $0.03416 per REIT unit for the month of April 2019, representing $0.41 per REIT unit on an annualized basis. Payment will be made on May 15, 2019 to unitholders of record as at April… [Read More]
Minto Apartment REIT Announces Closing of $173 Million Offering of Trust Units
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ OTTAWA, April 15, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (TSX: MI.UN) (the “REIT”) today announced the closing of the sale of 8,809,000 trust units of the REIT ( “Units”) from treasury at a price of $19.60 per Unit (the “Offering… [Read More]
Minto Apartment REIT to Report First Quarter 2019 Financial Results on May 7, 2019
OTTAWA, April 8, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT“) (TSX: MI.UN) today announced that it will release its 2019 first quarter financial results after market close on Tuesday, May 7th, 2019. Michael Waters, Chief Executive Officer, and Julie Morin, Chief Financial Officer, will host a conference call for analysts and… [Read More]
Minto Apartment REIT Announces Agreements to Acquire Interests in Two Urban Properties for a Cumulative Purchase Amount of $209 Million Concurrent with a $150 Million Bought Deal Public Offering of Trust Units
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ Acquisition of interests in two high quality multi-residential rental properties in Montreal and Toronto, comprising a total of 1,413 suites Acquisition of interests represents the REIT’s entry into the strong Montreal rental market with immediate scale Consistent with stated strategy of executing… [Read More]
Minto Apartment REIT Reports Strong Fourth Quarter 2018 Financial Results
Revenue, NOI and AFFO all exceed forecast OTTAWA, March 19, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced its financial results for the fourth quarter and year ended December 31, 2018 (“Q4 2018” and “FY 2018”, respectively). The REIT acquired its initial property portfolio on July 2, 2018… [Read More]
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