CAPREIT Announces Timing of First Quarter 2015 Results & Conference Call and 2014 Annual Unitholders Meeting

TORONTO, ONTARIO–(Marketwired – March 31, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three months ended March 31, 2015 after the market closes on:

Friday, May 8, 2015

A conference call hosted by Thomas Schwartz, President and Chief Executive Officer and the CAPREIT management team will be held on:

Monday, May 11, 2015 at 10.00 am ET

The telephone numbers for the conference call are:

Local / International: (416) 340-2216

North American Toll Free: (866) 225-0198

A slide presentation to accompany management’s comments during the conference call will be available an hour and a half prior to the conference call. To view the slides, access the CAPREIT website at www.capreit.net, click on “Investor Relations” and follow the link at the top of the page. Please log on at least 15 minutes before the call commences.

The telephone numbers to listen to the call after it is completed (Instant Replay) are local / international (905) 694-9451 or North American toll free (800) 408-3053. The Passcode for the Instant Replay is 6825497#. The Instant Replay will be available until midnight, May 18, 2015. The call and accompanying slides will also be archived on the CAPREIT website at www.capreit.net. For more information about CAPREIT, its business and its investment highlights, please refer to our website at www.capreit.net.

ANNUAL UNITHOLDERS MEETING

The date for CAPREIT’s 2014 Annual Meeting of Unitholders has been changed to Friday, May 8, 2015 at 9.30 am ET. The meeting will be held at the One King West Hotel, 1 King Street West, Toronto, Ontario, M5H 1A1.