TORONTO, Feb. 27, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it issued its 2019 Environmental, Social, and Governance (âESGâ) Report. The ESG Report highlights CAPREITâs progress in integrating ESG measures into its corporate strategy. âWe have been applying sustainable practices throughout the management of our operations… [Read More]
CAPREIT Reports Continued Growth and Strong Operating Performance in 2019
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
TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX â 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
TORONTO, Feb. 12, 2020 (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, 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
TORONTO, Feb. 10, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (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
TORONTO, Jan. 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX â 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
TORONTO, Jan. 08, 2020 (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, 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
TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that Mr. René Tremblay has been appointed as a member of CAPREITâs 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
TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (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
TORONTO, Dec. 16, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX â 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
TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (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
TORONTO, Dec. 10, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (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]
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