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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

Post by materialsgirlon Dec 10, 2020 10:08am
215 Views
Post# 32076070

Only one downside

Only one downsideMinto will grow to about 20,000 suites in the 2025 -2030
timeframe.
There is only one slight negative; payout is miserable.

We can see share price growth like this;

now               $20.00
end of 2022  $28.00 (same as all time high)
end of 2025  $40.00 ( a double from now)

The scale will become much larger.

The ride will be boring but we will get to where we 
want safely.

The 9% of assets in Alta will shrink to 4% due to
growth elsewhere.
The 6% (???) of assets in furnished apartments will 
likely shrink to zero or near zero.

Get ready to be bored

mat

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