Minto Apartment REIT (MI.UN) Facts

Is Minto Apartment REIT's distribution safe?

Minto Apartment REIT (MI.UN) currently screens as covered under REIT Stack's deterministic distribution-safety methodology using extraction-period inputs as of March 31, 2026. The public inputs on this sheet show AFFO payout ratio 75.2% and FFO payout ratio not available from that extraction period, plus Distribution Yield 2.93% from the public market snapshot as of August 14, 2026; the engine driver summary is AFFO payout 75%: Comfortably covered by adjusted cash flow. This verdict is a screening signal, not a credit rating or investment recommendation.

Distribution-safety methodology

Is Minto Apartment REIT trading below Reported NAV?

Minto Apartment REIT (MI.UN) has Price / Reported NAV of 0.97x, using price $17.99 from the public market snapshot as of August 14, 2026 and Reported NAV / Unit $18.64 from issuer filings as of December 31, 2025. This is a 3.5% discount to Reported NAV. This uses issuer-reported Reported NAV only, not REIT Stack Real Estate NAV or Market-Implied NAV.

Reported NAV, Real Estate NAV, and Market-Implied NAV taxonomy

What does Minto Apartment REIT own?

Minto Apartment REIT (MI.UN) describes its portfolio this way: Minto Apartment REIT is an urban residential REIT owning premium purpose-built rental apartment communities in Ottawa, Toronto, Calgary, Edmonton, Montréal, and Vancouver. Established as a spin-off from the private Minto Group in 2018, the trust benefits from Minto's long development pipeline and asset management expertise. Under CEO Jonathan Li, Minto focuses on high-quality infill locations in urban cores, targeting the growing cohort of urban professionals choosing high-amenity rental over homeownership. The same public row lists Market Cap $1.1B as of August 14, 2026 and sector Residential; property-level inventory, source breadcrumbs, and historical period detail remain in the member product.