Ottawa-based Minto Apartment is the latest REIT feeling the pinch of a low unit price and is now pulling out of a development deal with its parent corp on its home turf, citing the high cost of capital.
High Cost of Capital Leads Minto Apartment to Pull Out of Ottawa Deal With Parent Corp.
Analysts Suggest Transaction Shows Independence From Largest Shareholder
By Garry Marr
CoStar News
June 9, 2023 | 3:31 P.M.
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IN THIS ARTICLE
- Properties
- Fifth Avenue Court
819 Bank St, Ottawa, ON
- Companies