Minto Apartment REIT sees Q2 revenues fall despite record lease signings
The Ottawa-based REIT reported funds from operations of $11.9 million in the three-month period ending June 30, down from $12.7 million a year earlier.
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Minto Apartment REIT
Minto Apartment REIT sees vacancies rise in Q1
Company blames drop in suite occupancy rates on economic fallout from the pandemic.
Minto Apartment REIT loans sister firm $50M for Beechwood project
Minto Properties will construct the nine-storey building with about 230 rental suites at a one-acre site on Beechwood Avenue, and the REIT will have the
Minto Apartment REIT’s earnings up in 2020 despite rising vacancies
The REIT said it generated funds from operations of $50 million for the year ending Dec. 31, up from $39.6 million in 2019.
Minto Apartment REIT filing opens door to up to $800M in new financing
The move allows Minto to fast-track the process of issuing new units on the Toronto Stock Exchange as a means of raising capital to acquire
Minto Apartment REIT makes first move into B.C. by backing Vancouver-area project
The REIT is providing $11.9 million for a joint venture between Minto Properties, and a subsidiary of B.C.-based Darwin Properties to build the first phase
Minto REIT’s rental revenues continue to rise in Q3 despite pandemic
Firm’s funds from operations for the three-month period ending Sept. 30 increased 22 per cent year-over-year to $13.2 million.
Minto Apartment REIT’s Julie Morin named Ottawa’s CFO of the Year
Veteran executive played a key role in the creation of a real estate investment trust now valued at $2 billion.
Minto REIT sees rental revenues grow; plans to reposition furnished suites amid declining demand
Ottawa-based real estate firm says the ‘vast majority of residents have continued to pay their rent on time during the pandemic.’
Investors give Minto REIT go-ahead to step up T.O. redevelopment projects
REIT is looking at building a significant number of new apartment units at three of its existing Toronto sites.
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