Minto Apartment REIT

Minto REIT's chief says success in renovating and re-leasing suites drove solid performance in the firm's first public quarterly earnings report
Minto Properties retains approximately 62 per cent ownership of the REIT.
Minto Properties will retain a 62.4-per-cent ownership stake in the REIT
Minto says the average rent of the properties in the new entity would be the highest among all public multi-residential rental REITs focused on the Canadian market.