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OTTAWA, ON, July 16, 2018 – Minto Capital Management Inc. (“Minto Capital”) is pleased to announce the acquisition and renewal of Manor Village in Ottawa, Ontario by Minto Canadian Real Estate Value-Add Fund, LP (“Fund II”), Minto Capital’s opportunistic private equity fund targeting multi-residential assets and ancillary retail across Canada’s major cities.
Toronto, ON - July 10, 2018 – Minto Apartment REIT (TSX: MI.UN) and Minto Properties Inc. announced today, in connection with the REIT’s recently completed an initial public offering of 13,794,000 trust units at a price of $14.50 per unit, that the over-allotment option granted to the underwriters to purchase up to 2,069,100 additional units was exercised in full, generating additional gross proceeds to the REIT of $30,001,950.
Toronto, ON - July 3, 2018 – Minto Apartment REIT (TSX: MI.UN) and Minto Properties Inc. announced today that the REIT has completed its initial public offering of 13,794,000 trust units at a price of $14.50 per unit. The offering raised gross proceeds of $200,013,000, and units will begin trading on the Toronto Stock Exchange today under the symbol “MI.UN”.
Toronto, ON - June 22, 2018 – Minto Apartment REIT and Minto Properties announced today that the REIT has filed, and obtained a receipt for, a final long-form prospectus with the securities regulatory authorities in each of the provinces and territories in Canada for an initial public offering of 13,794,000 trust units. The units will be issued at a price of $14.50 per unit and are expected to provide unitholders with an initial annual cash distribution yield of 2.83%.
Ottawa, ON - June 8, 2018 - Minto Properties Inc. and Minto Apartment REIT announced that it has filed an amended and restated preliminary prospectus in respect of the REIT’s previously announced initial public offering of trust units of the REIT. The number of Units to be sold and the price per Unit have not yet been determined.
Ottawa, ON – May 23, 2018 – Minto Properties Inc. and Minto Apartment Real Estate Investment Trust announced today the filing and receipt of a preliminary prospectus in respect of the REIT’s initial public offering of trust units of the REIT. Minto Properties is a fully integrated real estate enterprise with expertise in asset management, property management, investment transactions, development, financing and all related support functions.
Toronto, ON – May 14, 2018 – Minto Properties Inc. is unveiling its full scale renovation currently underway at 61 Yorkville Avenue in Toronto, Ontario. With an investment of $19MM, renovation plans come complete with spacious, open concept units and upgraded amenity space. The property provides short and long-term rentals in furnished and unfurnished suites, attractive to local and international residents alike.
Toronto, ON – May 10, 2018 – Minto Capital is pleased to announce an exciting new venture – the construction of a purpose-built rental tower at 39 Niagara Street (“the Project”) in Toronto. 39 Niagara is a residential rental development located at the northeast corner of Bathurst and Front Streets in the popular and growing Downtown West district of Toronto.
Ottawa, ON – April 24, 2018 – Minto Properties Inc. is pleased to announce a full scale renovation of The James and The Gilmour – two high-rise apartment buildings located in the Centretown neighborhood in Ottawa, Ontario. Now underway, plans include a complete re-imagination of the properties from inside and out, top to bottom, with expected completion in 2018.
Toronto, ON – April 18, 2018 – Minto Capital is proud to announce the release of 1235 Marlborough, a purpose-built rental building in Oakville, Ontario. The 14-storey building, comprised of 144 units and state of the art amenities is a rental apartment building in a prime location – College Park neighbourhood at Trafalgar and Upper Middle Road. The new, pet-friendly building will be perfect for young students, young professionals and families.