TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it issued its second annual Environmental, Social, and Governance (âESGâ) Report providing an overview of the companyâs ESG strategies, policies, and commitments, and highlighting the progress made in 2020. âOur ESG initiatives reinforce our commitment to… [Read More]
CAPREIT Reports Continued Growth and Strong Operating Performance in 2020
TORONTO, Feb. 24, 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 months and year ended December 31, 2020. HIGHLIGHTS: For the Year Ended December 31, 2020 2019(5) Portfolio Performance Overall portfolio occupancy (1) 97.5 % 98.2 … [Read More]
CAPREIT Announces February 2021 Distribution
TORONTO, Feb. 16, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX â CAR.UN) announced today its February 2021 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The February distribution will be payable on March 15, 2021 to Unitholders of record on February 26,… [Read More]
CAPREIT Announces January 2021 Distribution
TORONTO, Jan. 15, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX â CAR.UN) announced today its January 2021 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The January distribution will be payable on February 16, 2021 to Unitholders of record on January 29,… [Read More]
CAPREIT Announces Timing of Year End 2020 Results & Conference Call
TORONTO, Jan. 07, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today it will issue its financial results for the year ended December 31, 2020 after markets close on: Wednesday, February 24, 2021 A conference call to discuss the results will be hosted by Mark Kenney, President and Chief… [Read More]
CAPREIT Announces December 2020 Distribution
TORONTO, Dec. 16, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX â CAR.UN) announced today its December 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The December distribution will be payable on January 15, 2021 to Unitholders of record on December 31,… [Read More]
CAPREIT Expands Presence in Strong Halifax Market
TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has purchased a recently constructed apartment building containing 38 suites in Bedford, a suburb of Halifax, Nova Scotia. CAPREIT paid $11.9 million for the property financed by cash. Completed in July 2020, The Madisonâs suites… [Read More]
CAPREIT Awarded Green Star Designation in Inaugural 2020 Global Real Estate Sustainability Benchmark Submission
TORONTO, Nov. 30, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX: CAR.UN) announced today that it earned a Green Star designation in its inaugural submission to the 2020 Global Real Estate Sustainability Benchmark (GRESB). Ranked 6th amongst the participating listed residential multi-family companies in North America, CAPREITâs strong performance in… [Read More]
CAPREIT Acquires Property in Growing Maple Ridge, B.C. Community
TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has purchased a four-building apartment campus containing 147 suites on 3.15 acres of land in the heart of the Maple Ridge Town Centre, just outside Vancouver, British Columbia. CAPREIT paid $29.2 million for the property,… [Read More]
CAPREIT Ranks in Top Quartile For 7th Consecutive Year in Kincentric Best Employers Program
TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX: CAR.UN) announced today that, for the 7th consecutive year, CAPREIT has ranked in the âAbove Canada Top Quartile Averageâ in Kincentricâs 2020 Best Employers Program. CAPREIT has participated in the Best Employers Program since 2010, and the collected data… [Read More]
CAPREIT to Expand Presence in Strong Ottawa Market
TORONTO, Nov. 20, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has waived conditions and will acquire two properties located in Ottawa, Ontario, aggregating 380 suites. CAPREIT will pay $95.5 million for the properties, funded by cash. Residential occupancy in the portfolio currently stands at 98.7%…. [Read More]
CAPREIT Announces November 2020 Distribution
TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX â CAR.UN) announced today its November 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The November distribution will be payable on December 15, 2020 to Unitholders of record on November 30,… [Read More]
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