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 > Insider Buying

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Comment by Mephistopheles3on Jun 15, 2022 4:48pm

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Post# 34759447

RE:Insider Buying

Thanks for posting.

On another note, just like Mark was saying on the conference call - they look to be repurchasing shares under the NCIB. I just checked and looks like they are purchasing everyday close to the max of 91K shares each day.

Right now 605K shares were purchased starting on May 19, 2022 following the blackout period. So NCIB is firing up which is great now that the shares are trading at a good discount to NAV!!

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