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 AlwaysLong683on Nov 01, 2022 8:11pm

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Post# 35064891

Q3 2022 Earnings Report & Financial Statements

To be released after market close on Tuesday November 8 (for the period ending September 30, 2022).

Given the share (unit) buybacks that have likely taken place during the quarter (can't get CAR.UN to show up on SEDI - can get companies like MFC, so not sure what's going on...?), hoping for a boost to NFFO per unit (higher than Q2's 0.585), NFFO payout ratio (lower than Q2's already outstanding 62%), and recognition by the markets that CAR.UN is significantly undervalued.

We shall see......

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