Minto Apartment REIT Announces Cash Distribution For The Month Of December 2025 And Special Non-Cash Distribution

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[{"type":"text","content":"\n\n\nMinto Apartment REIT Announces Cash Distribution For The Month Of December 2025 And Special Non-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\nCanada NewsWire\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/\nOTTAWA, ON, Dec. 15, 2025 /CNW/ - Minto Apartment Real Estate Investment Trust (the \"REIT\") (TSX: MI.UN) today announced a cash distribution of $0.04458 per REIT unit for the month of December 2025, representing $0.535 per REIT unit on an annualized basis. Payment will be made on January 15, 2026 to unitholders of record as at December 31, 2025.\n\n\n\n\n\n\n\nSpecial DistributionThe REIT also announced today that its trustees have also declared a special non-cash distribution of $0.21 per REIT unit, payable on December 31, 2025 to unitholders of record at the close of business on December 31, 2025 (the \"Special Distribution\"). The Special Distribution represents a portion of the capital gains realized by the REIT for the 2025 fiscal year. Accordingly, the Special Distribution will be in the form of a capital gain for Canadian income tax purposes.\nThe Special Distribution is principally being made to distribute to unitholders a portion of the capital gains realized by the REIT upon the closing of its previously announced sale of the Castleview property located in Ottawa, Ontario, on January 22, 2025, for gross proceeds of $69 million. Canadian resident unitholders will generally be required to include their proportionate share of the REIT's income and net taxable capital gain for the 2025 tax year as allocated and designated by the REIT in computing their respective income for the 2025 tax year.\nThe Special Distribution will be paid at the close of business on December 31, 2025 solely by the issuance of additional REIT units that will have a fair market value equal to the dollar amount of the Special Distribution and which will be based on the weighted average trading price of a REIT unit on the TSX during the period of 10 consecutive trading...

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