March 23 (Reuters) - Milestone Apartments REIT MST_u.TO
* Says previously announced secondary offering by MileSouth
has been increased to 10 million trust units of REIT
* Milestone Apartments REIT and MileSouth Apartment
Portfolio LP announce an increase to previously announced
secondary bought deal equity offering
* Units will be sold by MileSouth at a price of
C$16.50/unit, on a bought deal basis, for gross proceeds of
about C$165 million
* Says upon completion of offering, expects that MileSouth
will own approximately 2.4% ownership interest in reit
Source text for Eikon: ID:nCCNkfcxm
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