OTTAWA,
ON, Aug. 15, 2024 /CNW/ - Minto Apartment
Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today
announced a cash distribution of $0.04208 per REIT unit for the month of
August 2024, representing
$0.505 per REIT unit on an annualized
basis. Payment will be made on September 16,
2024 to unitholders of record as at August 31, 2024.
About Minto Apartment Real Estate Investment Trust
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 Ontario to own income-producing
multi-residential properties located in urban markets in
Canada. The REIT owns a portfolio
of high-quality income-producing multi-residential rental
properties located in Toronto,
Montreal, Ottawa and Calgary. For more information on Minto
Apartment REIT, please visit the REIT's website
at: https://www.mintoapartmentreit.com.
Forward-Looking Statements
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 projections and include, without limitation,
statements regarding the intended monthly distributions of the
REIT. The forward-looking statements in this news release are based
on certain assumptions, including without limitation that the REIT
will have sufficient cash to pay its distributions. They are not
guarantees of future performance and involve risks and
uncertainties that are difficult to control or predict. A number of
factors could cause actual results to differ materially from the
results discussed in the forward-looking statements, including, but
not limited to, the factors discussed and referenced under the
heading "Risks and Uncertainties" in the REIT's Q2 2024
management's discussion and analysis dated August 13, 2024, which is available at
www.sedarplus.ca. There can be no assurance that forward-looking
statements will prove to be accurate as actual outcomes and results
may differ materially from those expressed in these forward-looking
statements. Readers, therefore, should not place undue reliance on
any such forward-looking statements. Further, these forward-looking
statements are made as of the date of this news release and, except
as expressly required by applicable law, the REIT assumes no
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise.
SOURCE Minto Apartment Real Estate Investment Trust
