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Canadian Apartment Properties Real Estate Investment Trust T.CAR.UN

Alternate Symbol(s):  CDPYF

Canadian Apartment Properties Real Estate Investment Trust is a Canada-based provider of rental housing. The Company owns and manages interests in multiunit residential rental properties, including apartments, townhomes and manufactured home communities (MHC), principally located in and near urban centers across Canada. The Company owns approximately 64,300 residential apartment suites, town homes and manufactured home community sites located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe. The Company’s objectives are to maintain a focus on maximizing occupancy and responsibly growing occupied average monthly rent (Occupied AMR) in accordance with local conditions in each of its markets; grow FFO per unit, sustainable distributions and NAV per unit by actively managing its properties; invest capital within the property portfolio and adopt edge technologies and solutions; and maintain financial management.


TSX:CAR.UN - Post by User

Comment by Mephistopheles3on Apr 15, 2022 6:10am
67 Views
Post# 34606058

RE:RE:RE:Analyst Comment

RE:RE:RE:Analyst CommentRight, I had that feeling as well.  I don't think CAR is in particular better run than BEI or even InterRent or Killam.  They're all pretty great REIT's and the Residential REIT market should be poised to grow given the general macroeconomic trends  (rising rents, low supply, 400K skilled immigrants coming in each year, etc..). 

However, BEI is running close to a 52 week high where CAR is running at close to a 52 week low.  There's a real disconnect and I think CAR is oversold while investors wait for results to release. We'll see soon in a few weeks! 




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