Minto Apartment REIT Reports 2026 First Quarter Financial Results

About this update from Minto Apartment Real Estate Investment Trust

[{"type":"text","content":"— Solid year-over-year growth in Normalized FFO and AFFO per unit — ","length":67,"tagName":"p","attribs":{}},{"type":"text","content":"OTTAWA, ON, May 11, 2026 /CNW/ - Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced its financial results for the first quarter ended March 31, 2026 ("Q1 2026"). The Condensed Consolidated Interim Financial Statements and Management's Discussion and Analysis ("MD&A") for Q1 2026 are available on the REIT's website at www.mintoapartmentreit.com and at www.sedarplus.ca.1","length":454,"tagName":"p"},{"type":"image","alt":"Minto Apartment REIT Logo (CNW Group/Minto Apartment Real Estate Investment Trust)","displaySize":"","headline":null,"caption":"Minto Apartment REIT Logo (CNW Group/Minto Apartment Real Estate Investment Trust)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":144,"url":"https://media.zenfs.com/en/cnwgroup.com/238bea3e32c5df3741903c5085d9abb0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_eF0xTRsNC5SShQ5Hy18lg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI1NA--/https://media.zenfs.com/en/cnwgroup.com/238bea3e32c5df3741903c5085d9abb0","width":400,"height":144},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/4_2jdbDTGsoF_WwqN6KfNg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTIzMA--/https://media.zenfs.com/en/cnwgroup.com/238bea3e32c5df3741903c5085d9abb0","width":400,"height":144}},"href":"https://mma.prnewswire.com/media/2977113/Minto_Apartment_Real_Estate_Investment_Trust_Minto_Apartment_REI.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""We generated growth in Same Property Portfolio revenue and NOI, driven by steady 2.0% growth in unfurnished suite revenue, an 89.6% increase in commercial revenue, and 2.2% growth in our furnished suite portfolio, supported by disciplined expense management." said Jonathan Li, President and Chief Executive Officer of the REIT. "We translated solid NOI performance into growth in normalized FFO and AFFO per unit, despite a challenging operating environment that continues to be impacted by new rental supply and a temporary pause in population growth, reflecting the success of our prudent capital allocation and strategic leasing and retention initiatives."","length":681,"tagName":"p"},{"type":"te...

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