TORONTO, Sept. 22, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has acquired Tower Hill East, a superior-quality, luxury apartment building on St. Clair Avenue West in downtown Toronto, the sister to CAPREIT’s flagship property The Thomas. The 141 suites include 14 bachelor, 56 one-bedroom, 35… [Read More]
CAPREIT Announces Increased September 2021 Distribution
TORONTO, Sept. 15, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its September 2021 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The September distribution will be payable on October 15, 2021 to Unitholders of record on September 30,… [Read More]
CAPREIT Expands Presence in Strong British Columbia Market
TORONTO, Sept. 07, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of a portfolio of four brand new low rise apartment buildings in West Kelowna, British Columbia totaling 193 suites. The property, completed in 2021, was acquired for $63.3 million, funded from… [Read More]
CAPREIT Acquires Remaining 50% Interest in Strong GTA Portfolio
TORONTO, Aug. 31, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of the remaining 50% interest in a portfolio 787 apartment suites and townhouse units located in the Greater Toronto Area. CAPREIT acquired its initial 50% interest on July 31, 2008. The… [Read More]
CAPREIT Announces Increased August 2021 Distribution
TORONTO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its August 2021 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The August distribution will be payable on September 15, 2021 to Unitholders of record on August 31,… [Read More]
CAPREIT Reports Continued Growth and Strong Operating Performance in Second Quarter of 2021
TORONTO, Aug. 12, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three and six months ended June 30, 2021. HIGHLIGHTS: Three Months Ended Six Months Ended June 30, June 30, 2021 2020 2021 2020 (5) Portfolio… [Read More]
CAPREIT Announces July 2021 Distribution
TORONTO, July 15, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its July 2021 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The July distribution will be payable on August 16, 2021 to Unitholders of record on July 30,… [Read More]
CAPREIT Announces Timing of Second Quarter 2021 Results & Conference Call
TORONTO, July 07, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three and six months ended June 30, 2021 after markets close on: Thursday, August 12, 2021 A conference call to discuss the results will be hosted by Mark Kenney,… [Read More]
CAPREIT Grows Presence in Strong MHC Business
TORONTO, July 05, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of two manufactured housing community (“MHC”) properties containing 342 sites in the town of Lakeshore close to Windsor, Ontario. CAPREIT paid approximately $20.6 million for the two properties, funded by cash… [Read More]
CAPREIT Expands Presence in Strong London Ontario and Victoria B.C. Markets
TORONTO, June 25, 2021 (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 seven apartment buildings aggregating 548 residential suites in London, Ontario (the “London Portfolio”), as well as a portfolio of six apartment buildings aggregating 335 residential suites in… [Read More]
CAPREIT Announces June 2021 Distribution
TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its June 2021 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The June distribution will be payable on July 15, 2021 to Unitholders of record on June 30,… [Read More]
CAPREIT Announces Election of Trustees
TORONTO, June 2, 2021 /CNW/ – (TSX: CAR.UN) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) announced today that, at its Annual Meeting of Unitholders held today, each of the items of business referred to in its management information circular dated April 15, 2021 were passed by a vote held by ballot. The voting results for… [Read More]
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