TORONTO, June 30, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today it will issue its financial results for the three and six months ended June 30, 2020 after markets close on: Tuesday, August 11, 2020 A conference call to discuss the results will be hosted by Mark Kenney,… [Read More]
CAPREIT Completes Buyout of Eight Properties Under Operating Leases
TORONTO, June 30, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has completed the previously-announced buyout of eight operating leases for properties in Toronto. The aggregate purchase price for the eight operating lease buyouts was approximately $123 million. The operating lease buyouts were financed, in part,… [Read More]
CAPREIT Announces June 2020 Distribution
TORONTO, June 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX â CAR.UN) announced today its June 2020 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, 2020 to Unitholders of record on June 30,… [Read More]
CAPREIT to be Included in the S&P/TSX 60 Index
TORONTO, June 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it will be included in the S&P/TSX 60 Composite Index effective June 22, 2020. The S&P/TSX 60 is a stock market index of sixty large companies listed on the Toronto Stock Exchange in ten industry sectors…. [Read More]
UPDATE – CAPREIT Advances Toronto Operating Lease Buyout Strategy
TORONTO, June 05, 2020 (GLOBE NEWSWIRE) — This release was previously disseminated on June 3, 2020 at 17:00 ET. The address â33 Davisville Avenueâ has been added to the first paragraph, along with additional information regarding the purchase price of the operating lease buyout. The complete and corrected release follows. Canadian Apartment Properties Real Estate… [Read More]
CAPREIT Advances Toronto Operating Lease Buyout Strategy
TORONTO, June 03, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has agreed to prepay the buyout of eight operating leases (â8 Lease Buyoutsâ) for eight properties in Toronto, which are expected to close by June 30, 2020. The properties are located at 88 Isabella Avenue,… [Read More]
CAPREIT Announces Election of Trustees
TORONTO, June 1, 2020 /CNW/ – Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that, at its Annual and Special Meeting of Unitholders held today, each of the items of business referred to in its management information circular dated April 7, 2020 were passed by a vote held by ballot. The voting results… [Read More]
CAPREIT Reports Continued Growth and Strong Operating Performance in First Quarter of 2020
TORONTO, May 15, 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 months ended March 31, 2020. HIGHLIGHTS: For the Three Months Ended March 31, 2020 2019(5) Portfolio Performance Overall portfolio occupancy (1) 98.2 %… [Read More]
CAPREIT Announces May 2020 Distribution
TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX â CAR.UN) announced today its May 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The May distribution will be payable on June 15, 2020 to Unitholders of record on May 29,… [Read More]
CAPREIT Provides Update on COVID-19 Impact
TORONTO, May 01, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) today provided an update on current key finance and operating metrics as impacted by the COVID-19 pandemic, and the preventative measures being taken to mitigate risk across our business. This update reflects the estimated impact of the pandemic on… [Read More]
CAPREIT Announces Timing of First Quarter 2020 Results & Conference Call
TORONTO, April 28, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today it will issue its financial results for the three months ended March 31, 2020 after markets close on: Friday, May 15, 2020 A conference call to discuss the results will be hosted by Mark Kenney, President and… [Read More]
CAPREIT Announces April 2020 Distribution
TORONTO, April 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX â CAR.UN) announced today its April 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The April distribution will be payable on May 15, 2020 to Unitholders of record on April 30,… [Read More]
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