OTTAWA, ON, March 15, 2021 /CNW/ - Minto Apartment Real
Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced a
cash distribution of $0.03792 per
REIT unit for the month of March
2021, representing $0.455 per
REIT unit on an annualized basis. Payment will be made on
April 15, 2021 to unitholders of
record as at March 31, 2021.
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, Calgary and Edmonton. For more information on Minto
Apartment REIT, please visit the REIT's website at:
www.mintoapartments.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 2020 management's
discussion and analysis dated March 11,
2021, which is available at www.sedar.com. 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