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CAPREIT Completes Greater Montreal Area Apartment Acquisition & First Operating Lease Buyout

November 22, 2019 By Globenewswire Tagged With: TSX:CAR.UN

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]

CAPREIT announces public unit financing of $350 million and six new multi-residential acquisitions

November 18, 2019 By NewsWire Tagged With: TSX:CAR.UN

/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]

Capreit Announces November 2019 Distribution

November 15, 2019 By Globenewswire Tagged With: TSX:CAR.UN

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]

CAPREIT Reports Continued Growth and Strong Operating Performance in Third Quarter of 2019

November 13, 2019 By Globenewswire Tagged With: TSX:CAR.UN

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]

CAPREIT Completes Acquisition of Interest in Luxury GTA Property

November 1, 2019 By Globenewswire Tagged With: TSX:CAR.UN

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]

CAPREIT Strengthens Presence in Prince Edward Island

October 15, 2019 By Globenewswire Tagged With: TSX:CAR.UN

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]

CAPREIT Announces October 2019 Distribution

October 15, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Oct. 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its October 2019 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 15, 2019 to Unitholders of record on October 31,… [Read More]

CAPREIT Completes Sale of Netherlands Property Portfolio

September 30, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Sept. 30, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the sale of a portfolio comprised of 18 properties representing an aggregate of 942 residential suites in seven urban centres in the Netherlands to European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES”). Total proceeds… [Read More]

CAPREIT Announces Timing of Third Quarter 2019 Results & Conference Call

September 23, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Sept. 23, 2019 (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, 2019 after markets close on: Wednesday, November 13, 2019 A conference call hosted by Mark Kenney, President and Chief Executive Officer, and… [Read More]

CAPREIT Announces September 2019 Distribution

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

TORONTO, Sept. 16, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its September 2019 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, 2019 to Unitholders of record on September 30,… [Read More]

CAPREIT Expands Presence in Western Ontario and PEI

August 30, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Aug. 30, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a portfolio of two apartment complexes in London, Ontario and one apartment complex in Sarnia, Ontario totaling 553 residential suites. Occupancy for the total portfolio currently stands at 98.7%. CAPREIT… [Read More]

CAPREIT Announces August 2019 Distribution

August 15, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Aug. 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its August 2019 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The August distribution will be payable on September 16, 2019 to Unitholders of record on August 30,… [Read More]

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