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Minto Apartment Real Estate Investment Trust T.MI.UN

Alternate Symbol(s):  MIAPF

Minto Apartment Real Estate Investment Trust (the REIT) is a Canada-based open-ended real estate investment trust. The REIT owns income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa, and Calgary. Its portfolio includes 28 multi-residential rental properties comprising 7,726 suites strategically located across urban centers in Canada. Its properties include Richgrove, Martin Grove, Minto Yorkville, The ROE, Minto One80five, Parkwood Hills Garden Homes & Townhomes, Aventura, Huron, Seneca, Castleview, Skyline, The Carlisle, Castle Hill, Grenadier, Eleanor, Frontenac, Stratford, Laurier, Kaleidoscope, The Quarters, Rockhill Apartments, Leslie York Mills, High Park Village, Haddon Hall, Le 4300, 39 Niagara, The International, and Le Hill-Park.


TSX:MI.UN - Post by User

Post by materialsgirlon Dec 10, 2020 10:08am
243 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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