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]

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]

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]

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]

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]

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]

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]

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]

TORONTO, Jan. 04, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the year ended December 31, 2022 after markets close on: Wednesday, February 22, 2023 A conference call to discuss the results will be hosted by the CAPREIT senior management team… [Read More]

TORONTO, Dec. 15, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its December 2022 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The December distribution will be payable on January 16, 2023 to Unitholders of record at the close of business… [Read More]

TORONTO, Nov. 15, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its November 2022 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The November distribution will be payable on December 15, 2022 to Unitholders of record on November 30,… [Read More]

A window into how Canada’s five largest publicly traded residential rental REITs operate and their ideas to address the housing supply and affordability crisis in Canada OTTAWA, Nov. 14, 2022 (GLOBE NEWSWIRE) — Canada’s five (5) largest residential rental real estate investments trusts (REITs) announce the launch of ForAffordable.ca, a new website from Canadian rental… [Read More]