TORONTO, ONTARIO–(Marketwired – Aug. 10, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today strong operating and financial results for the three and six months ended June 30, 2015. Three Months Ended Six Months Ended June 30 June 30 2015 2014 2015 2014 Operating Revenues (000s) $ 130,256 $ 125,411 $… [Read More]
CAPREIT Continues to Grow in Vibrant British Columbia Market
TORONTO, ONTARIO–(Marketwired – July 31, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of Yorkson Grove, a 58 suite luxury apartment property located in Langley, British Columbia for a purchase price (excluding transaction costs) of approximately $17.0 million. The purchase was funded with CAPREIT’s… [Read More]
CAPREIT Enters First Joint Venture Property Development Contract in Toronto's King High Line Project
TORONTO, ONTARIO–(Marketwired – July 29, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has entered into an agreement to acquire a one-third undivided interest in the residential component of the King High Line Project, a mixed-use property development located at 1100 King Street West in downtown Toronto, Ontario… [Read More]
CAPREIT Announces Normal Course Issuer Bid
TORONTO, ONTARIO–(Marketwired – July 23, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT“) (TSX:CAR.UN) announced today that the Toronto Stock Exchange (the “TSX“) has approved its notice of intention to make a normal course issuer bid for its units (“Units“) as appropriate opportunities arise from time to time. CAPREIT’s normal course issuer bid… [Read More]
CAPREIT Announces July 2015 Distribution
TORONTO, ONTARIO–(Marketwired – July 15, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its July 2015 monthly distribution in the amount of $0.10166 per Unit (or $1.22 on an annualized basis). The July distribution will be payable on August 17, 2015 to Unitholders of record on July 31, 2015. To… [Read More]
CAPREIT Increases Presence in Strong British Columbia Market
TORONTO, ONTARIO–(Marketwired – June 30, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of apartment properties in Victoria and Langley, British Columbia totaling 140 suites for an aggregate purchase (excluding transaction costs) of approximately $18.1 million. The purchases were funded with CAPREIT’s Acquisition and… [Read More]
CAPREIT Announces Timing of Second Quarter 2015 Results & Conference Call
TORONTO, ONTARIO–(Marketwired – June 23, 2015) – 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, 2015 after markets close on: Monday, August 10, 2015. A conference call to discuss the results hosted by Thomas Schwartz, President and… [Read More]
CAPREIT Announces New Senior Management Appointment
TORONTO, ONTARIO–(Marketwired – June 16, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that Mr. Roberto Israel has been appointed the REIT’s Chief Information Officer effective June 17, 2015. Mr. Israel brings more than 18 years of Information Technology (“IT”) experience to CAPREIT. He was formerly Managing Director at PricewaterhouseCoopers… [Read More]
CAPREIT Announces June 2015 Distribution
TORONTO, ONTARIO–(Marketwired – June 15, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its June 2015 monthly distribution in the amount of $0.10167 per Unit (or $1.22 on an annualized basis). The June distribution will be payable on July 15, 2015 to Unitholders of record on June 30, 2015. To… [Read More]
CAPREIT Announces May 2015 Distribution
TORONTO, ONTARIO–(Marketwired – May 15, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its May 2015 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, 2015 to Unitholders of record on May 29, 2015. To… [Read More]
CAPREIT Reports Continued Strong Growth in First Quarter 2015
TORONTO, ONTARIO–(Marketwired – May 8, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today strong operating and financial results for the three months ended March 31, 2015. Three Months Ended March 31, 2015 2014 Operating Revenues (000s) $ 128,954 $ 126,533 Net Operating Income (“NOI”) (000s) (1) $ 74,824 $ 71,375… [Read More]
CAPREIT Announces Election of Trustees
TORONTO, ONTARIO–(Marketwired – May 8, 2015) – Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that, at its Annual Meeting of Unitholders held today, all of the nominees for election as trustees of CAPREIT referred to in its management information circular dated March 24, 2015 were elected as trustees by a vote… [Read More]