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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

Canadian Apartment Properties Real Estate Investment Trust
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Post by retiredcfon Sep 10, 2021 8:22am
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Post# 33838826

CEO on BNN

CEO on BNN

We need a combined engagement from companies and government: CAPREIT CEO on affordable housing

Mark Kenney, president and chief executive officer at Canadian Apartment Properties Real Estate Investment Trust, talks about what the federal parties’ should be addressing with affordable housing in their election platforms. He says there’s talk around immigration being the solution to labour shortages but the main issue is where are we going to house all these people. Kenney noted we need around 100,000 homes to start addressing this housing crisis.

https://www.bnnbloomberg.ca/video/we-need-a-combined-engagement-from-companies-and-government-capreit-ceo-on-affordable-housing~2278008

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