TORONTO, ONTARIO–(Marketwired – Aug. 9, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today solid portfolio growth and strong operating and financial results for the three and six months ended June 30, 2016. Three Months Ended Six Months Ended June 30 June 30 2016 2015 2016 2015 Operating Revenues (000s) $… [Read More]
Canadian Apartment Properties Real Estate Investment Trust Announces Closing of $165 MM Equity Financing
TORONTO, ONTARIO–(Marketwired – Aug. 3, 2016) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that it has closed its previously announced issue and sale of 5,126,000 units for $32.20 per unit for aggregate gross proceeds of $165,057,200, which… [Read More]
CAPREIT Sells Montreal Property
TORONTO, ONTARIO–(Marketwired – July 27, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it has completed the sale of a building containing 145 mid-tier suites located at 1150 and 1160 Sherbrooke Street East in Montréal, Québec for $24.8 million and includes the assumption by the purchaser of approximately $12.1 million… [Read More]
CAPREIT Announces July 2016 Distribution
TORONTO, ONTARIO–(Marketwired – July 15, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its July 2016 monthly distribution in the amount of $0.10416 per Unit (or $1.25 on an annualized basis). The July distribution will be payable on August 15, 2016 to Unitholders of record on July 29, 2016. To… [Read More]
Canadian Apartment Properties Real Estate Investment Trust Announces Public Unit Financing of $150MM
TORONTO, ONTARIO–(Marketwired – July 11, 2016) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) of Toronto, Ontario announced today that it has agreed to sell, subject to regulatory approval, 4,660,000 units at a price of $32.20 per unit for aggregate… [Read More]
CAPREIT Enhances Ottawa Presence With Purchase of 850 Townhomes
TORONTO, ONTARIO–(Marketwired – June 30, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a five-property portfolio of modern luxury townhome properties well-located in Ottawa, Ontario totaling 850 rental units. CAPREIT paid approximately $180.3 million for the portfolio, financed by the assumption of a… [Read More]
CAPREIT Announces Timing of Second Quarter 2016 Results & Conference Call
TORONTO, ONTARIO–(Marketwired – June 29, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three and six months ended June 30, 2016 after markets close on: Tuesday, August 9, 2016. A conference call to discuss the results hosted by Thomas Schwartz, President and… [Read More]
CAPREIT Announces June 2016 Distribution
TORONTO, ONTARIO–(Marketwired – June 15, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its June 2016 monthly distribution in the amount of $0.10417 per Unit (or $1.25 on an annualized basis). The June distribution will be payable on July 15, 2016 to Unitholders of record on June 30, 2016. To… [Read More]
CAPREIT Announces Election of Trustees
TORONTO, ONTARIO–(Marketwired – May 25, 2016) – Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that, at its Annual and Special Meeting of Unitholders held today, all of the nominees for election as trustees of CAPREIT referred to in its management information circular dated March 31, 2016 were elected as trustees by… [Read More]
CAPREIT Announces Increase in Monthly Cash Distributions
TORONTO, ONTARIO–(Marketwired – May 25, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that its Board of Trustees had approved a 2.5% increase in monthly cash distributions to $0.1042 per Unit, or $1.25 per Unit on an annualized basis. The increase effective with the June 2016 distribution payable on July… [Read More]
CAPREIT Announces May 2016 Distribution
TORONTO, ONTARIO–(Marketwired – May 16, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its May 2016 monthly distribution in the amount of $0.10167 per Unit (or $1.22 on an annualized basis). The May distribution will be payable on June 15, 2016 to Unitholders of record on May 31, 2016. To… [Read More]
CAPREIT Further Diversifies Portfolio with Purchase of High Quality Townhome and MHC Properties
TORONTO, ONTARIO–(Marketwired – May 11, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a residential townhome property in Mississauga, Ontario and a fully-occupied Manufactured Housing Community (“MHC”) in Fort St. John, British Columbia. The townhome property contains 50 three bedroom units and five… [Read More]
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