TORONTO, Oct. 01, 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 three apartment buildings located in Québec City aggregating 260 residential suites. CAPREIT paid $72.8 million for the portfolio, funded by CAPREIT’s Acquisition and Operating Facility. Residential occupancy… [Read More]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]