Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Toronto - Delayed Quote • CAD Minto Apartment Real Estate Investment Trust (MI-UN.TO) Follow Compare 13.01 -0.55 (-4.06%) At close: 4:00:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Minto Apartment REIT Reports 2024 Fourth Quarter and Year-End Financial Results Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced its financial results for the fourth quarter and year ended December 31, 2024 ("Q4 2024" and "FY 2024", respectively). The Audited Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") for Q4 2024 and FY 2024 are available on the REIT's website at www.mintoapartmentreit.com and at www.sedarplus.ca.1 3 Undervalued Small Caps On TSX With Insider Buying In Canada As we move through the year, the Canadian market is navigating a complex landscape of economic indicators and shifting investor sentiment. With inflation stabilizing more effectively in Canada compared to its southern neighbor, there is cautious optimism about growth prospects for small-cap companies on the TSX. In this environment, identifying promising stocks involves looking at those with solid fundamentals and potential for growth, especially where insider buying signals confidence in... MINTO APARTMENT REIT ANNOUNCES FEBRUARY 2025 CASH DISTRIBUTION Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced a cash distribution of $0.04333 per REIT unit for the month of February 2025, representing $0.52 per REIT unit on an annualized basis. Payment will be made on March 14, 2025 to unitholders of record as at February 28, 2025. Minto Apartment REIT Provides Capital Allocation Update Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today provided an update on its capital allocation program, following the closing of its previously announced sale of the Castleview property located in Ottawa, Ontario for gross proceeds of $69 million. Following the repayment of the mortgage and associated transaction costs, the net proceeds of $33.8 million will be used, in part, to repay the remaining balance on the REIT's variable-rate revolving credit facility. Undervalued Small Caps With Insider Buying On TSX In January 2025 As the Canadian market navigates the early days of 2025, investors are closely watching interest rate movements and their impact on stock valuations, particularly in the small-cap sector. With recent fluctuations in bond yields and a backdrop of solid economic growth, identifying promising small-cap stocks with insider buying can provide valuable insights into potential opportunities amidst these dynamic market conditions. MINTO APARTMENT REIT TO REPORT FOURTH QUARTER 2024 FINANCIAL RESULTS ON MARCH 5, 2025 Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced that it will release its 2024 fourth quarter financial results after market close on Wednesday, March 5th, 2025. Minto Apartment REIT Completes the Lonsdale Square Acquisition Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) announced today the closing of its previously announced acquisition of a 50% managing ownership interest in Lonsdale Square, located in North Vancouver. The discounted purchase price to the REIT of $52.9 million was funded through the assumption of the entire $52.9 million mortgage on the property, for which the REIT will be solely responsible. The REIT has also received, concurrently with closing of this acquisition, repayme MINTO APARTMENT REIT ANNOUNCES JANUARY 2025 CASH DISTRIBUTION Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced a cash distribution of $0.04333 per REIT unit for the month of January 2025, representing $0.52 per REIT unit on an annualized basis. Payment will be made on February 14, 2025 to unitholders of record as at January 31, 2025. MINTO APARTMENT REAL ESTATE INVESTMENT TRUST ESTABLISHES AUTOMATIC SECURITIES REPURCHASE PLAN Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced that it has established an automatic securities purchase plan ("ASPP") in connection with its previously announced normal course issuer bid ("NCIB") applicable to its outstanding trust units ("Units"). The ASPP is intended to allow for the purchase of Units under the NCIB at times when the REIT would ordinarily not be permitted to purchase Units due to regulatory restrictions and customary self-imposed blackou Exploring TSX's Undervalued Small Caps With Insider Action In December 2024 As the Canadian market navigates a period of political uncertainty and recent pullbacks, it remains buoyed by positive economic growth, easing inflation, and potential interest rate reductions. In this environment, small-cap stocks on the TSX with insider activity may present intriguing opportunities for investors seeking to capitalize on market volatility and strategic positioning. MINTO APARTMENT REIT ANNOUNCES CASH DISTRIBUTION FOR THE MONTH OF DECEMBER 2024 AND SPECIAL NON-CASH DISTRIBUTION Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced a cash distribution of $0.04333 per REIT unit for the month of December 2024, representing $0.52 per REIT unit on an annualized basis. Payment will be made on January 15, 2025 to unitholders of record at the close of business on December 31, 2024. Minto Apartment REIT to Enter Metro Vancouver Market with 50% Purchase of Lonsdale Square Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) announced today it has entered into a definitive agreement (the "Transaction") under which the REIT has agreed to purchase a 50% managing interest in Lonsdale Square. A national Canadian life insurance company (the "Partner") has agreed to purchase the remaining 50% non-managing interest. Completed in Q1 2024, Lonsdale Square is a purpose-built rental building located in central Lonsdale in North Vancouver consisting of 113 s MINTO APARTMENT REIT ANNOUNCES NOVEMBER 2024 CASH DISTRIBUTION Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced a cash distribution of $0.04333 per REIT unit for the month of November 2024. Payment will be made on December 16, 2024 to unitholders of record as at November 30, 2024. Minto Apartment REIT Announces the Sale of Non-Core Asset in Ottawa for $69 million Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) announced today that it has entered into an agreement to sell its Castleview property located in Ottawa, Ontario to a private real estate investor (the "Transaction"). The sale price of $69 million is at a premium to the REIT's IFRS value for the asset. Upon closing, the proceeds of approximately $33.8 million, net of mortgages and commissions, will be used to repay a portion of the REIT's variable-rate revolving credit facil Minto Apartment REIT Reports 2024 Third Quarter Financial Results and Announces Distribution Increase Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced its financial results for the third quarter and nine months ended September 30, 2024 ("Q3 2024" and "YTD 2024", respectively). The Condensed Consolidated Interim Financial Statements and Management's Discussion and Analysis ("MD&A") for Q3 2024 and YTD 2024 are available on the REIT's website at www.mintoapartmentreit.com and at www.sedarplus.ca.1 MINTO APARTMENT REIT ANNOUNCES OCTOBER 2024 CASH DISTRIBUTION 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 October 2024, representing $0.505 per REIT unit on an annualized basis. Payment will be made on November 15, 2024 to unitholders of record as at October 31, 2024. MINTO APARTMENT REIT TO REPORT THIRD QUARTER 2024 FINANCIAL RESULTS ON NOVEMBER 12, 2024 Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced that it will release its 2024 third quarter financial results after market close on Tuesday, November 12th, 2024. MINTO APARTMENT REIT ANNOUNCES INTENTION TO MAKE NORMAL COURSE ISSUER BID Minto Apartment Real Estate Investment Trust (TSX: MI.UN) (the "REIT") today announced that the Toronto Stock Exchange ("TSX") has accepted its notice to make a normal course issuer bid ("NCIB") for a portion of its trust units ("Units") as appropriate opportunities arise from time to time. The REIT's previous normal course issuer bid expired on September 19, 2024. Minto Apartment REIT Releases 2023 ESG Report Minto Apartment Real Estate Investment Trust (TSX: MI.UN) (the "REIT") today announced the publication of its 2023 Environmental, Social and Governance ("ESG") Report (the "Report"). The Report highlighted the REIT's continued progress in addressing the issues that are important to its investors, employees and communities. MINTO APARTMENT REIT ANNOUNCES SEPTEMBER 2024 CASH DISTRIBUTION 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 September 2024, representing $0.505 per REIT unit on an annualized basis. Payment will be made on October 15, 2024 to unitholders of record as at September 30, 2024. Performance Overview Trailing total returns as of 3/6/2025, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index Return MI-UN.TO S&P/TSX Composite index YTD -6.10% -0.15% 1-Year -23.21% +14.21% 3-Year -35.71% +14.87%