TORONTO, April 17, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its April 2023 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The April distribution will be payable on May 15, 2023 to Unitholders of record on April 28, 2023…. [Read More]
CAPREIT Announces Timing of First Quarter 2023 Results & Conference Call
TORONTO, March 23, 2023 (GLOBE NEWSWIRE) — 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, 2023 after markets close on: Friday, May 12, 2023 A conference call to discuss the results will be hosted by the CAPREIT senior management… [Read More]
CAPREIT Announces Renewal of Normal Course Issuer Bid
TORONTO, March 21, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) today announced that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to proceed with a normal course issuer bid. CAPREIT’s Board of Trustees believes that a normal course issuer bid represents an appropriate and… [Read More]
CAPREIT Announces March 2023 Distribution
TORONTO, March 15, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its March 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The March distribution will be payable on April 17, 2023 to Unitholders of record on March 31,… [Read More]
CAPREIT Extracts Development Value From Land Disposition in Montréal
TORONTO, March 06, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the disposition of a parking lot site located in Montréal, Québec, for gross consideration of $17.25 million (excluding disposition costs). The under-utilized land is located adjacent to an existing multi-residential building owned by… [Read More]
CAPREIT Announces Strategic Capital Recycling in Ottawa
TORONTO, Feb. 27, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of an on-strategy, newly-built property located in a major suburb of Ottawa. The amenity-rich property, which contains 143 residential suites that are approximately 95% occupied, is located in close proximity to… [Read More]
CAPREIT Announces Appointment of New Board of Trustee Member and Resignation of Trustee
TORONTO, Feb. 22, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) is pleased to announce that Ms. Jennifer Stoddart has joined CAPREIT’s Board of Trustees (the “Board”) effective February 27, 2023. CAPREIT has also announced that Jamie Schwartz has stepped down from the Board, effective as of February 22, 2023,… [Read More]
CAPREIT Reports Fourth Quarter and Year-End 2022 Results
TORONTO, Feb. 22, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continued growth and strong operating and financial results for the three months and year ended December 31, 2022. Management will host a conference call to discuss the financial results on Thursday, February 23, 2023 at 9:00… [Read More]
CAPREIT Announces February 2023 Distribution
TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its February 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The February distribution will be payable on March 15, 2023 to Unitholders of record on February 28,… [Read More]
CAPREIT Announces Disposition of Non-Core Assets in Ottawa
TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the disposition of its 50% non-managing interest in three jointly owned properties located in Ottawa, Ontario. The off-strategy, value-add assets were built between 1969 and 1981 and require ongoing capital expenditure to support… [Read More]
CAPREIT Applauds Premier Eby’s Rental Protection Fund
A cost-effective tool for affordable long-term rental housing for vulnerable communities OTTAWA, Jan. 19, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX: CAR.UN) enthusiastically welcomes British Columbia Premier David Eby’s announcement of a $500 million Rental Protection Fund. The fund will provide non-profit housing organizations with one-time capital grants so… [Read More]
CAPREIT Announces January 2023 Distribution
TORONTO, Jan. 16, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its January 2023 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The January distribution will be payable on February 15, 2023 to Unitholders of record on January 31,… [Read More]
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