TORONTO, June 07, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has acquired a brand-new, purpose built luxury rental complex in Victoria, British Columbia consisting of a six-storey 65-suite building and seven townhomes. Located in the affluent View Royal neighbourhood, the mix of one, two and… [Read More]
CAPREIT Completes Purchase of 4,079 MHC Sites Across Canada
TORONTO, May 28, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has completed the acquisition of a portfolio of 23 Manufactured Housing Communities (âMHCâ) sites totaling 3,469 sites located across Canada, previously announced in connection with the April 23, 2019 equity offering of $345 million (âOfferingâ),… [Read More]
CAPREIT Announces May 2019 Distribution
TORONTO, May 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its May 2019 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The May distribution will be payable on June 17, 2019 to Unitholders of record on May 31,… [Read More]
CAPREIT Reports Continued Growth and Strong Operating Performance in First Quarter of 2019
TORONTO, May 14, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three months ended March 31, 2019.
CAPREIT Announces April 2019 Distribution
TORONTO, April 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its April 2019 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The April distribution will be payable on May 15, 2019 to Unitholders of record on April 30,… [Read More]
CAPREIT Acquires Brand New Luxury Apartment Property in B.C.
TORONTO, April 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of Willoughby Walk, a brand new, purpose-built apartment building containing 191 rental suites located in Langley, British Columbia. CAPREIT paid $69.6 million for the property, funded by its Acquisition and Operating… [Read More]
CAPREIT Announces Timing of First Quarter 2019 Results & Conference Call and 2018 Annual Unitholders’ Meeting
TORONTO, March 27, 2019 (GLOBE NEWSWIRE) — 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, 2019 after markets close on:
CAPREIT Announces March 2019 Distribution
TORONTO, March 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its March 2019 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The March distribution will be payable on April 15, 2019 to Unitholders of record on March 29,… [Read More]
CAPREIT Acquires Canada-Wide MHC Portfolio
TORONTO, March 14, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has acquired a portfolio of thirteen manufactured housing communities (“MHC”) in Ontario, Alberta and British Columbia totaling 1,104 sites. CAPREIT paid $66.4 million for the portfolio, funded by its Acquisition and Operating credit facility.
CAPREIT Announces 3.8% Increase in Monthly Cash Distributions
TORONTO, Feb. 26, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that its Board of Trustees had approved a 3.8% increase in monthly cash distributions to $0.1150 per Unit, or $1.38 per Unit on an annualized basis. The increase is effective with the March 2019 distribution payable on… [Read More]
CAPREIT Reports Another Year of Record Performance in 2018
TORONTO, Feb. 26, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three months and year ended December 31, 2018.
CAPREIT Completes Netherlands Property Acquisition
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… [Read More]