TORONTO, Feb. 26, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a portfolio of twenty-one properties in six urban centres in the Netherlands totaling 511 residential suites for a purchase price of €98.0 million. The portfolio consists of 431 single family rental homes and 80 multi-family rental suites. The acquisition was funded by CAPREIT’s Acquisition and Operating credit facility.