TORONTO, June 30, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) is pleased to announce the appointment of Julian Schonfeldt as Chief Investment Officer effective in the third quarter of 2022. In this role, Mr. Schonfeldt will be responsible for leading CAPREIT’s strategic and growth initiatives, including acquisitions, dispositions, capital… [Read More]
CAPREIT Continues to Generate Value for Unitholders and Communities Through Portfolio Repositioning
TORONTO, June 21, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the sale of two properties in Scarborough, Ontario and two properties in Ottawa, Ontario totaling 793 apartment suites. The two portfolios were sold for total consideration of $200.1 million, well above current IFRS… [Read More]
CAPREIT Announces June 2022 Distribution
TORONTO, June 15, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its June 2022 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The June distribution will be payable on July 15, 2022 to Unitholders of record on June 30,… [Read More]
CAPREIT Announces Release of 2021 ESG Report
TORONTO, June 10, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it issued its third annual Environmental, Social, and Governance (“ESG”) Report providing an overview of the company’s ESG strategies, policies, and commitments, and highlighting the progress made in 2021. “Our ESG strategies reflect our understanding that… [Read More]
CAPREIT Announces Results of 2022 Annual and Special Meeting and Appointment of Gina Parvaneh Cody as Chair of the Board of Trustees
TORONTO, June 01, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that, at its Annual and Special Meeting of Unitholders held today (the “Meeting”), each of the items of business referred to in its management information circular dated April 13, 2022 (the “Circular”) were passed by a vote… [Read More]
CAPREIT Announces May 2022 Distribution and Amendment to DRIP
TORONTO, May 19, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its May 2022 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The May distribution will be payable on June 15, 2022 to Unitholders of record on May 31,… [Read More]
CAPREIT Reports Continued Solid Performance in First Quarter of 2022
TORONTO, May 16, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three months ended March 31, 2022. HIGHLIGHTS: For the Three Months Ended March 31, 2022 2021 Portfolio Performance Overall portfolio occupancy… [Read More]
CAPREIT Continues to Invest in Affordable Housing and Value Creation
TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it had completed the purchase of a 172-site Manufactured Housing Community (“MHC”) located in Red Deer, Alberta. The community, developed in 2000, was acquired for $16.5 million, funded with existing liquidity. Occupancy was 100% at closing…. [Read More]
Michael Stein to Retire from CAPREIT’s Board of Trustees After Twenty-Five Years Delivering Value to Unitholders
TORONTO, April 28, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that Mr. Michael Stein will be retiring from CAPREIT’s Board of Trustees (the “Board”) effective at the end of his current term, following CAPRET’s 2022 Annual and Special Meeting of Unitholders on Wednesday, June 1, 2022 (the… [Read More]
CAPREIT Announces April 2022 Distribution
TORONTO, April 18, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its April 2022 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 16, 2022 to Unitholders of record on April 29,… [Read More]
CAPREIT Announces Timing of First Quarter 2022 Results & Conference Call
TORONTO, March 29, 2022 (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, 2022 after markets close on: Monday, May 16, 2022 A conference call to discuss the results will be hosted by the CAPREIT senior management… [Read More]
CAPREIT ANNOUNCES NORMAL COURSE ISSUER BID
TORONTO, March 21, 2022 /CNW/ – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR) 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 desirable… [Read More]
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