TORONTO, Nov. 09, 2020 (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 nine months ended September 30, 2020. HIGHLIGHTS:   Three Months Ended Nine Months Ended   September 30, September 30,   2020 2019(5) 2020 2019(5) Portfolio Performance… [Read More]

TORONTO, Oct. 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its October 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The October distribution will be payable on November 16, 2020 to Unitholders of record on October 30,… [Read More]

TORONTO, Oct. 08, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the prepayment of the buyout of one operating lease for a property located near Yonge Street and Lawrence Avenue in midtown Toronto. The purchase price for the operating lease buyout is approximately $7.8… [Read More]

TORONTO, Oct. 06, 2020 (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 nine months ended September 30, 2020 after markets close on: Monday, November 9, 2020 A conference call to discuss the results will be hosted by Mark Kenney,… [Read More]

TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the previously-announced purchase of two properties in London and Sarnia, Ontario aggregating 301 residential suites. CAPREIT paid $50.0 million for the two properties, funded by CAPREIT’s cash and cash equivalents. The London property… [Read More]

TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its September 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The September distribution will be payable on October 15, 2020 to Unitholders of record on September 30,… [Read More]

TORONTO, Aug. 25, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has waived conditions and agreed to purchase a portfolio of two properties in London, Ontario and Sarnia, Ontario aggregating 301 residential suites. CAPREIT has agreed to pay $50.0 million for the two properties, funded by… [Read More]

TORONTO, Aug. 17, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its August 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The August distribution will be payable on September 15, 2020 to Unitholders of record on August 31,… [Read More]

TORONTO, Aug. 13, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has purchased a brand new 88-suite apartment property in the West Bedford neighbourhood of Halifax, Nova Scotia. CAPREIT paid $22.4 million for the property, financed by CAPREIT’s cash and cash equivalents invested in short-term investments…. [Read More]

TORONTO, Aug. 11, 2020 (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, 2020. HIGHLIGHTS:   Three Months Ended Six Months Ended   June 30, June 30,   2020   2019(5)   2020  … [Read More]

TORONTO, July 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its July 2020 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 17, 2020 to Unitholders of record on July 31,… [Read More]

TORONTO, July 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has sold an affordable sector 188-suite townhome property located in Calgary, Alberta for $30.5 million. CAPREIT acquired the Queen’s Park Village Townhomes in December 2002. “As a key component of our value enhancing strategies, we… [Read More]