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 64,200 residential apartment suites, town homes and manufactured home community sites located across Canada and the Netherlands, with approximately $16.7 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

<< Previous

Bullboard Posts

Next >>

Post by Possibleidiot01on Nov 24, 2023 3:58pm

138 Views

Post# 35752150

Christine Poole -BNN- PAST TOP PICK

PAST TOP PICK

(A Top Pick Nov 18/22, Up 9%)

Rental market in Canada is tight with new immigration and challenged supply. Housing market remains less affordable, so people are more inclined to rent. Interest rate headwind, but starting to stabilize. Selling mature properties to reduce rent control caps. Well positioned.

investment companies / funds

$45.030