Business

Minto Apartment Reit Announces November 2021 Cash Distribution

Minto Apartment Reit Announces November 2021 Cash Distribution Canada NewsWire ...

articleMinto Apartment Real Estate Investment TrustNovember 15, 20214/company/minto-apartment-real-estate-investment-trust/news/minto-apartment-reit-announces-november-2021-cash-distribution
Minto Apartment Reit Announces November 2021 Cash Distribution

About this update from Minto Apartment Real Estate Investment Trust

[{"type":"text","content":"\n \n \n \n Minto Apartment Reit Announces November 2021 Cash Distribution\n \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 Canada NewsWire\n \n \n \n \n \n ̶\n \n \n Amount represents 4.4% increase over previous monthly rate\n \n \n ̶\n \n \n \n \n OTTAWA, ON\n \n ,\n \n Nov. 15, 2021\n \n /CNW/ - Minto Apartment Real Estate Investment Trust (the \"REIT\") (TSX: MI.UN) today announced a cash distribution of\n \n $0.03958\n \n per REIT unit for the month of\n \n November 2021\n \n , representing\n \n $0.475\n \n per REIT unit on an annualized basis. Payment will be made on\n \n December 15, 2021\n \n to unitholders of record as at\n \n November 30, 2021\n \n .\n \n \n As previously announced, the\n \n November 2021\n \n distribution represents a 4.4% increase from the previous monthly rate, reflecting the Board of Trustees' confidence in the REIT's business.\n \n \n \n About Minto Apartment Real Estate Investment Trust\n \n \n Minto 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\n \n Ontario\n \n to own income-producing multi-residential properties located in urban markets in\n \n Canada\n \n . The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in\n \n Toronto\n \n ,\n \n Montreal\n \n ,\n \n Ottawa\n \n ,\n \n Calgary\n \n and\n \n Edmonton\n \n . For more information on Minto Apartment REIT, please visit the REIT's website at:\n \n www.mintoapartments.com\n \n .\n \n \n \n Forward-Looking Statements\n \n \n This 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 proje...

More updates from Minto Apartment Real Estate Investment Trust