TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (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 Madison’s suites… [Read More]

TORONTO, Nov. 30, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (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, CAPREIT’s strong performance in… [Read More]

TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (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]

TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today that, for the 7th consecutive year, CAPREIT has ranked in the ‘Above Canada Top Quartile Average’ in Kincentric’s 2020 Best Employers Program. CAPREIT has participated in the Best Employers Program since 2010, and the collected data… [Read More]

TORONTO, Nov. 20, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (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]

TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – 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]

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]