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MINTO APARTMENT REIT OBTAINS UNITHOLDER APPROVAL FOR GOING‑PRIVATE TRANSACTION WITH CRESTPOINT REAL ESTATE INVESTMENTS LIMITED PARTNERSHIP AND MINTO GROUP

Newswire.ca - Tue Mar 3, 6:06PM CST

OTTAWA, ON, March 3, 2026 /CNW/ - Minto Apartment Real Estate Investment Trust (the "REIT") (TSX: MI.UN) today announced that at its special meeting of unitholders held earlier today (the "Special Meeting"), holders (the "Unitholders") of the REIT's trust units (the "Trust Units") and special voting units ("Special Voting Units") voted overwhelmingly in favour of the special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement pursuant to which, among other things, Crestpoint Real Estate (Pine) Limited Partnership, an affiliate of Crestpoint Real Estate Investments Limited Partnership, will acquire all of the Trust Units, other than Trust Units held directly or indirectly by Minto Properties Inc. and its affiliates and certain senior officers (the "Retained Interest Holders"), for consideration of $18.00 per Trust Unit in an all cash transaction (the "Transaction"), in accordance with the arrangement agreement dated January 5, 2026 (the "Arrangement Agreement").

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