Minto apartment REIT acquires two premium downtown properties for an aggregate of $201 million. The deal includes a 28.35 percent managing interest in Niagara West in Toronto and a 100 percent interest in The International in Calgary.

The legal aspects of these acquisitions are overseen by Marie-Hélène Labbé, the General Counsel and Corporate Secretary for Minto Group and Minto Apartment REIT.

Additionally, because Minto Properties Inc. (MPI) holds a minority ownership interest in the limited partnerships from which these properties are being acquired, the terms of each acquisition were reviewed, considered, and approved by a committee of the REIT's independent trustees.