Northwire Canada EditionThursday, October 15, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Other

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

By The Northwire Desk — AI Analysis Mar 03, 2026 · 19:06 MI · 17.6
MI · Price

Executive Summary

  • Unitholders approved the arrangement to sell all Trust Units (except retained interests) to Crestpoint Real Estate for $18.00 per unit in an all‑cash transaction.
  • The vote was overwhelmingly in favour: 98.61 % of total unitholder votes and 96.37 % of minority unitholder votes supported the resolution.
  • Completion is expected in the second half of 2026, subject to court order, Competition Act approval, CMHC consent, lender approvals, and customary closing conditions.

Key Details

  • Transaction Structure: All‑cash acquisition of Trust Units by Crestpoint Real Estate (Pine) Limited Partnership; retained interests remain with Minto Properties Inc. and certain senior officers.
  • Consideration: $18.00 per Trust Unit.
  • Voting Results:
  • Total unitholder votes – 43,920,371 for, 617,387 against (98.61 % in favour).
  • Minority unitholder votes – 16,387,766 for, 617,387 against (96.37 % in favour).
  • Arrangement Agreement Date: January 5 2026.
  • Regulatory & Closing Conditions: Final order from Ontario Superior Court of Justice sought March 6 2026; also requires Competition Act approval, consent from Canada Mortgage and Housing Corporation, lender approvals, and other customary conditions.
  • Anticipated Completion: Expected in the second half of 2026.
  • Reference Materials: Full voting results and management information circular dated January 29 2026 available on SEDAR+.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from

May 11, 2026 · 17:00

Minto Apartment REIT posts steady Q1 growth as $2.3B Crestpoint buyout nears finish line; Fundamentals improve but the all-cash exit at $18 keeps the focus on deal completion.

Earnings May 06, 2026 · 07:30

Minto Apartment REIT Asset Sale Proceeds to Debt as Take-Private Deal Faces Arbitrage Discount

M&A / Property Mar 25, 2026 · 17:17

Minto Apartment REIT: Pre-Closing Asset Sale and Capital Return Execute as Planned Amid $18.00 Buyout Arbitrage

M&A / Property Mar 06, 2026 · 14:24

MINTO APARTMENT REIT OBTAINS FINAL COURT APPROVAL FOR PLAN OF ARRANGEMENT WITH CRESTPOINT REAL ESTATE INVESTMENTS LIMITED PARTNERSHIP AND MINTO GROUP

M&A / Property Mar 04, 2026 · 17:00

Minto Apartment REIT Reports 2025 Fourth Quarter and Year-End Financial Results

Earnings Feb 26, 2026 · 09:08

Independent Proxy Advisory Firm Glass Lewis Recommends Minto Apartment Real Estate Investment Trust Unitholders Vote FOR the Proposed Going-Private Transaction with Crestpoint Real Estate Investments Limited Partnership and Minto Group

M&A / Property