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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

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Post by AlwaysLong683 on Apr 22, 2022 10:26pm

CAR.UN Held Up Pretty Good Today

Big down day for equities today.

TSX down 2.14%

CAR.UN down 0.46%

Hopefully CAR.UN is at or near bottom re. unit price barring a huge extended rout of Canadian equities in general in the coming weeks or months. Perhaps even so, it will hold up better than most other stocks / REITs...?
Comment by Mephistopheles3 on Apr 25, 2022 10:19am
Markets this morning are getting hammered again and CAR is still holding the line relatively well, even compared to InterRent which is very similar. No change in the fundamentals at all, other than interest rates are rising a bit steeper than expected by the equities market.  So right now, I don't see a reason to do anything until results are released.  
Comment by AlwaysLong683 on Apr 25, 2022 4:24pm
Closes Today: S&P / TSX Composite Index down 0.82% CAR.UN  down   0.43% IIP.UN     down   0.80% KMP.UN  down   0.90% BEI.UN   down   0.97%
Comment by jcjohn36 on Apr 26, 2022 9:45pm
Chart says you can't touch this thing yet.
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