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CAPREIT Reports Continued Solid Performance in First Quarter of 2022

May 16, 2022 By Globenewswire Tagged With: TSX:CAR.UN

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

May 2, 2022 By Globenewswire Tagged With: TSX:CAR.UN

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

April 28, 2022 By Globenewswire Tagged With: TSX:CAR.UN

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

April 18, 2022 By Globenewswire Tagged With: TSX:CAR.UN

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

March 29, 2022 By Globenewswire Tagged With: TSX:CAR.UN

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

March 21, 2022 By NewsWire Tagged With: TSX:CAR, TSX:CAR.UN

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]

CAPREIT Announces March 2022 Distribution

March 15, 2022 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, March 15, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its March 2022 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 18, 2022 to Unitholders of record on March 31,… [Read More]

CAPREIT Acquires Luxury Six-Building Québec Portfolio

March 7, 2022 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, March 07, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of a six-property luxury portfolio of modern, recently-constructed apartment buildings in Montréal, Laval, Côte Saint-Luc and Saint Hyacinthe, Québec. The portfolio totals 516 residential suites including 44 bachelor, 236 one-bedroom, 211… [Read More]

CAPREIT ANNOUNCES SENIOR MANAGEMENT CHANGE

February 28, 2022 By NewsWire Tagged With: TSX:CAR.UN

TORONTO, Feb. 28, 2022 /CNW/ – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today that Mr. Scott Cryer has decided to leave CAPREIT, effective April 15, 2022, to pursue other opportunities after a distinguished twelve-year career at CAPREIT, and over a decade serving as its Chief Financial Officer.  A formal search process… [Read More]

CAPREIT Reports Another Solid Year in 2021

February 24, 2022 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Feb. 23, 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 and year ended December 31, 2021. HIGHLIGHTS:   For the Year Ended December 31,  2021   2020   Portfolio Performance     Overall portfolio occupancy (1)… [Read More]

CAPREIT Announces February 2022 Distribution

February 15, 2022 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Feb. 15, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its February 2022 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, 2022 to Unitholders of record on February 28,… [Read More]

CAPREIT Expands Presence in Strong British Columbia Market

January 25, 2022 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Jan. 25, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of a six-storey 59-suite apartment and townhouse property located in downtown Kelowna, British Columbia. The property, completed in the spring of 2021, was acquired for $29.5 million, funded by CAPREIT’s Acquisition… [Read More]

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