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Minto Apartment Real Estate Investment Trust T.MI.UN

Alternate Symbol(s):  MIAPF

Minto Apartment Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company owns income-producing multi-residential properties located in urban markets in Canada. It owns a portfolio of about 29 income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa, and Calgary. The Company's properties include Richgrove, Martin Grove, Minto Yorkville, Roehampton, Niagara West, Minto one80five, Parkwood Hills Garden Homes & Townhomes, Aventura, Huron, Seneca, Castleview, Skyline Garden Homes, Maisonettes & Walkups, The Carlisle, Castle Hill, Tanglewood, Frontenac, Stratford, Rockhill, Haddon Hall, The Quarters, The Laurier, Kaleidoscope, The International, Le 4300, Le Hill-Park, Eleanor, High Park Village, Leslie York Mills and others.


TSX:MI.UN - Post by User

Comment by Arbutus22on Oct 19, 2020 11:07am
91 Views
Post# 31738790

RE:RE:There has been no posting here since Sept 07

RE:RE:There has been no posting here since Sept 07Thoughts: MI sp doesn't make sense unless it's assumed that (1) covid is never going away (2) immigration numbers are forever depressed thus impacting rental demand (3) airbnb rentals that have come on market as long term rentals will not be absorbed, again negatively impacting supply/demand. Imo, investors are short sighted (not a surprise) regarding MI and competing apartment reits. MI has a strong property portfolio to go along with strong, conservative management. What's odd is that MI is trading near its March/April low while some other commercial/retail reits (HR and AX, for example) have at least bounced off their lows, though they are now treading water. Momentum is not currently on side of reits in general. Guessing that may change after Q report in November. If not, then likely waiting until economy opens more, and especially Ontario and Quebec gettig their covid numbers under control. 


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