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]

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]

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]

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]

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]

/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]

TORONTO, Nov. 21, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a brand new, seven-storey apartment building in the Greater Montreal Area in the suburb of Boisbriand. Occupancy for the property currently stands at 96.3%. CAPREIT paid approximately $33.3 million for… [Read More]

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Nov. 18, 2019 /CNW/ – (TSX:CAR.UN) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT” or the “REIT”) announced today that it has agreed to sell, subject to regulatory approval 6,530,000, units at a price of $53.60 per unit for aggregate gross proceeds… [Read More]

TORONTO, Nov. 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its November 2019 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 16, 2019 to Unitholders of record on November 29,… [Read More]

TORONTO, Nov. 13, 2019 (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, 2019. HIGHLIGHTS:       Three Months Ended     Nine Months Ended       September 30,     September… [Read More]

TORONTO, Nov. 01, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that yesterday it has completed the acquisition of a one-third interest in the 506 luxurious, brand-new rental suites that form part of the mixed-use development on King Street West in downtown Toronto (Kings Club). As previously disclosed,… [Read More]

TORONTO, Oct. 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a four-storey waterfront apartment property in Summerside, Prince Edward Island. Occupancy for the property currently stands at 100%. CAPREIT paid approximately $11.6 million for the property, funded by its Acquisition… [Read More]