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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

Post by retiredcfon Dec 30, 2020 1:29pm
196 Views
Post# 32198336

Andrew Moffs

Andrew Moffs

CAR.UN was his third recommendation. GLTA
Retail and office real estate is too tough to hold: Vision Capital's Andrew Moffs 

Senior VP and portfolio manager Andrew Moffs says the retail and office space will have a hard time going back to normal after the pandemic and suggests investors turn their attention to industrial because manufacturing and warehousing will thrive beyond the COVID-19.

https://www.bnnbloomberg.ca/video/retail-and-office-real-estate-is-too-tough-to-hold-vision-capital-s-andrew-moffs~2109343

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