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]
CAPREIT Announces Twelfth Increase in Monthly Cash Distributions
TORONTO, ONTARIO–(Marketwired – May 8, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that its Board of Trustees has approved a 3.4% increase in annualized cash distributions to $1.22 per Unit ($0.1017 per Unit monthly) effective with the May 2015 distribution payable on June 15, 2015 to Unitholders of Record… [Read More]
CAPREIT Announces April 2015 Distribution
TORONTO, ONTARIO–(Marketwired – April 15, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its April 2015 monthly distribution in the amount of $0.09833 per Unit (or $1.18 on an annualized basis). The April distribution will be payable on May 15, 2015 to Unitholders of record on April 30, 2015. To… [Read More]
CAPREIT Announces Acquisition of Burlington Ontario Apartment Portfolio and Sale of Dublin Rockbrook Portfolio
TORONTO, CANADA–(Marketwired – March 31, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a 285-suite apartment portfolio in Burlington, Ontario for a purchase price (excluding transaction costs) of approximately $53.7 million. The purchase of the portfolio was funded from CAPREIT’s Acquisition and Operating… [Read More]
CAPREIT Announces Timing of First Quarter 2015 Results & Conference Call and 2014 Annual Unitholders Meeting
TORONTO, ONTARIO–(Marketwired – March 31, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three months ended March 31, 2015 after the market closes on: Friday, May 8, 2015 A conference call hosted by Thomas Schwartz, President and Chief Executive Officer and the… [Read More]
Canadian Apartment Properties Real Estate Investment Trust Announces Closing of $154.7 MM Equity Financing
TORONTO, ONTARIO–(Marketwired – March 25, 2015) – 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 5,555,000 units for $27.85 per unit for aggregate gross proceeds of $154,706,750, which… [Read More]