Brief: Minto Apartment REIT To Provide Financing For A New Mixed-Use Development In Vancouver

Minto Apartment Real Estate Investment Trust

01/12/2021 12:42

Dec 1 (Reuters) - Minto Apartment Real Estate Investment
Trust  MI_u.TO :
    * MINTO APARTMENT REIT TO PROVIDE FINANCING FOR A NEW
MIXED-USE
DEVELOPMENT IN VANCOUVER
    * MINTO APARTMENT REAL ESTATE INVESTMENT TRUST - AGREEMENT
TO
PROVIDE A CONVERTIBLE DEVELOPMENT LOAN OF UP TO $19.6 MILLION TO
MINTO PROPERTIES INC
    * MINTO APARTMENT REIT - REIT HAS AN OPTION TO ACQUIRE 85%
INTEREST IN PROPERTY FOLLOWING STABILIZATION AT 5% DISCOUNT TO
MARKET VALUE

Source text for Eikon:  ID:nCNW1YqfGa 
Further company coverage:  MI_u.TO 

 ((Reuters.Briefs@thomsonreuters.com;))