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CAPREIT Reports Continued Growth and Strong Operating Performance in 2019

February 26, 2020 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Feb. 26, 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 and year ended December 31, 2019. HIGHLIGHTS: For the Year Ended December 31, 2019   2018   Portfolio Performance     Overall portfolio occupancy (1) 98.2… [Read More]

CAPREIT Announces February 2020 Distribution

February 18, 2020 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its February 2020 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 16, 2020 to Unitholders of record on February 28,… [Read More]

CAPREIT Changes Time of Year-End 2019 Conference Call

February 12, 2020 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Feb. 12, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the year ended December 31, 2019 after markets close on: Wednesday, February 26, 2020 A conference call to discuss the results will be hosted by Mark Kenney, President and Chief… [Read More]

CAPREIT Completes Major Acquisition in Halifax, Nova Scotia

February 11, 2020 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Feb. 10, 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 a portfolio of eight properties containing fourteen apartment buildings totaling 1,503 rental suites well-located throughout the downtown core and surrounding metro area of Halifax, Nova Scotia. The acquisition represents… [Read More]

CAPREIT Announces January 2020 Distribution

January 15, 2020 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Jan. 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its January 2020 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 18, 2020 to Unitholders of record on January 31,… [Read More]

CAPREIT Announces Timing of Year-End 2019 Results & Conference Call

January 8, 2020 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Jan. 08, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the year ended December 31, 2019 after markets close on: Wednesday, February 26, 2020 A conference call to discuss the results will be hosted by Mark Kenney, President and Chief… [Read More]

CAPREIT Appoints New Member of Board of Trustees

December 24, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that Mr. René Tremblay has been appointed as a member of CAPREIT’s Board of Trustees effective January 1, 2020. Mr. Tremblay has over 35 years of experience in the real estate industry, having been involved in international investment… [Read More]

CAPREIT Acquires B.C. Apartment Property

December 19, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of Redwood Manor in New Westminster, British Columbia. Occupancy for the 48-suite property currently stands at 100%. CAPREIT paid approximately $13.4 million for the property, funded by its Acquisition and Operating… [Read More]

CAPREIT Announces December 2019 Distribution

December 16, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Dec. 16, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its December 2019 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, 2020 to Unitholders of record on December 31,… [Read More]

CAPREIT Expands Presence in Calgary Market

December 12, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of The Carrington, a 79-suite apartment property located in the Beltline district of downtown Calgary, Alberta. Occupancy for the property currently stands at 100%. CAPREIT paid approximately $19.5 million for the… [Read More]

CAPREIT Significantly Expands Presence in Halifax, Nova Scotia

December 10, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has waived conditions and agreed to acquire, subject to regulatory approvals, a portfolio of eight properties containing fourteen apartment buildings totaling 1,503 rental suites, well-located throughout the downtown core and surrounding metro area of Halifax,… [Read More]

Canadian Apartment Properties Real Estate Investment Trust Announces Closing of $489 Million Equity Financing

December 6, 2019 By NewsWire Tagged With: TSX:CAR.UN

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Dec. 6, 2019 /CNW/ – (TSX:CAR.UN) – Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT” or the “REIT”) announced today that it has closed its previously announced issue and sale of 9,119,500 units for $53.60 per unit for aggregate gross proceeds of $488,805,200… [Read More]

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