Minto Apartment REIT Announces August 2019 Cash Distribution

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[{"type":"text","content":"\n\n\n\nMinto Apartment REIT Announces August 2019 Cash Distribution\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nOTTAWA, Aug. 15, 2019\n\n\n\n̶  Amount represents 7.4% increase over previous monthly rate  ̶\n OTTAWA, Aug. 15, 2019 /CNW/ - Minto Apartment Real Estate Investment Trust (the \"REIT\") (TSX: MI.UN) today announced a cash distribution of $0.0367 per REIT unit for the month of August 2019, representing $0.44 per REIT unit on an annualized basis. Payment will be made on September 16, 2019 to unitholders of record as at August 31, 2019.\n\n \n \n\n \nAs previously announced, the August distribution represents a 7.4% increase from the previous monthly rate, reflecting the Board of Trustees' confidence in the REIT's business.\nAbout Minto Apartment Real Estate Investment TrustMinto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa, Calgary and Edmonton. For more information on Minto Apartment REIT, please visit the REIT's website at: www.mintoapartments.com.\nForward-Looking StatementsThis news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the REIT. Forward-looking statements are identified by words such as \"believe\", \"anticipate\", \"project\", \"expect\", \"intend\", \"plan\", \"will\", \"may\", \"estimate\" and other similar expressions. These statements are based on the REIT's expectations, estimates, forecasts and projections and include, without limitation, statements regarding the intended monthly distributions of the REIT. The forward-looking statements in this news release are based on certain assumptions, including without limitation th...

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