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]
CAPREIT Announces March 2015 Distribution
TORONTO, ONTARIO–(Marketwired – March 16, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its March 2015 monthly distribution in the amount of $0.09834 per Unit (or $1.18 on an annualized basis). The March distribution will be payable on April 15, 2015 to Unitholders of record on March 31, 2015. To… [Read More]
Canadian Apartment Properties Real Estate Investment Trust Announces Public Unit Financing of $140.6 MM
TORONTO, ONTARIO–(Marketwired – March 3, 2015) – 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, 5,050,000 units for $27.85 per unit for aggregate gross proceeds of… [Read More]
CAPREIT Strengthens Alberta Portfolio and Sells Toronto Properties
TORONTO, ONTARIO–(Marketwired – Feb. 18, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a 126-suite mid-tier apartment property in Edmonton, Alberta for a purchase price (excluding transaction costs) of $31.0 million. The purchase of the property was funded from CAPREIT’s Acquisition and Operating… [Read More]
CAPREIT Announces Another Year of Record Performance in 2014
TORONTO, ONTARIO–(Marketwired – Feb. 17, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today strong operating and financial results for the year ended December 31, 2014. Three Months Ended Year Ended December 31 December 31 2014 2013 2014 2013 Operating Revenues (000s) $ 128,111 $ 124,018 $ 506,411 $ 477,023 Net… [Read More]
CAPREIT Announces February 2015 Distribution
TORONTO, ONTARIO–(Marketwired – Feb. 13, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its February 2015 monthly distribution in the amount of $0.09833 per Unit (or $1.18 on an annualized basis). The February distribution will be payable on March 16, 2015 to Unitholders of record on February 27, 2015. To… [Read More]
CAPREIT Amends Pipeline Agreement with Irish Residential Properties REIT plc
TORONTO, ONTARIO–(Marketwired – Feb. 9, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has amended its previously- announced agreement (the “Pipeline Agreement”) with Irish Residential Properties REIT plc (“I-RES”). In lieu of the previously-announced contract extension, CAPREIT will now receive an underwriting fee of 1.0% of the purchase… [Read More]
CAPREIT Completes Acquisition of 270 Apartment Suite Portfolio in Dublin, Ireland
TORONTO, ONTARIO–(Marketwired – Jan. 28, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has, through a wholly-owned Irish subsidiary, completed the previously announced acquisition of the Rockbrook Portfolio, consisting of 270 residential suites and approximately 50,214 square feet of mixed-use commercial space located in Dublin, Ireland for approximately… [Read More]
CAPREIT Announces January 2015 Distribution
TORONTO, ONTARIO–(Marketwired – Jan. 15, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its January 2015 monthly distribution in the amount of $0.09833 per Unit (or $1.18 on an annualized basis). The January distribution will be payable on February 17, 2015 to Unitholders of record on January 30, 2015. To… [Read More]