August 07, 2026

Minto Apartment REIT completes going-private transaction with Crestpoint and Minto Group

Goodmans LLP acted for Minto Apartment Real Estate Investment Trust (the “REIT”) in connection with its going-private transaction with Crestpoint Real Estate Investments Limited Partnership ("Crestpoint") and Minto Group (“Minto”).

Under the terms of the arrangement, Crestpoint acquired all issued and outstanding public trust units (other than those held directly or indirectly by Minto and certain senior officers designated by Minto). The transaction, valuing the REIT at approximately C$2.3 billion (including debt and the trust units held by Minto), will result in a private partnership between Minto and Crestpoint where Minto retains a significant equity stake.

Minto Apartment Real Estate Investment Trust owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa, Calgary and Vancouver.

Crestpoint Real Estate Investments Limited Partnership is a Canadian commercial real estate and mortgage investment manager and is an affiliate of the Connor, Clark & Lunn Financial Group.

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