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Bullboard - Stock Discussion Forum 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... see more

TSX:CAR.UN - Post Discussion

Post by retiredcf on May 14, 2021 9:01am

Globe & Mail

No doubt the CEO will be upbeat. GLTA

08:41 AM EDT, 05/14/2021 (MT Newswires) -- Canadian Apartment Properties Real Estate Investment Trust (CAR-UN.TO) overnight Thursday reported normalized FFO for the first quarter of $95.9 million, or $0.554 per share, up from normalized FFO of $93.1 million, or $0.545 per share, in the year-ago quarter.

The company reported total operating revenues of $227.5 million, up from year-ago revenues of $216.1 million.

The company's shares were up 2.2% in Canada yesterday, while the shares went up 0.1% in early Frankfurt trading on Friday.

Price: 57.05, Change: +1.21, Percent Change: +2.17

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