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]
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]