TORONTO, May 13, 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 ended March 31, 2021. HIGHLIGHTS: For the Three Months Ended March 31, 2021 2020 (5) Portfolio Performance Overall portfolio occupancy (1) 97.3… [Read More]
Canadian Apartment Properties Real Estate Investment Trust Announces Notice of Termination of IRES Management Agreement
TORONTO, March 31, 2021 /CNW/ – Canadian Apartment Properties Real Estate Investment Trust (TSX: CAR.UN) (“CAPREIT”) announced today that IRES Fund Management Limited (the “Investment Manager“), a wholly-owned subsidiary of CAPREIT, today provided twelve (12) months’ notice of termination of its management agreement (the “Management Agreement”) with Irish Residential Properties REIT plc (“IRES REIT“), which will… [Read More]
CAPREIT Announces March 2021 Distribution
TORONTO, March 15, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX â CAR.UN) announced today its March 2021 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, 2021 to Unitholders of record on March 31,… [Read More]
CAPREIT Announces Release of 2020 ESG Report
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]
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