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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 Jul 20, 2021 9:19am
102 Views
Post# 33574407

Analyst Recommendation

Analyst RecommendationSecond stock in the clip. He and his family also own it personally. GLTA

https://www.bnnbloomberg.ca/video/barry-schwartz-s-past-picks~2244622

Canadian Apartment Properties REIT (CAR-U TSX)

  • Then: $51.35
  • Now: $61.11
  • Return: 19%
  • Total Return: 23%
PAST TOP PICK
Canadian Apartment Properties(CAR.UN-T)
19/07/2021 
 
(A Top Pick Jun 15/20, Up 23%) The market was at a low multiple back when he bought it. It was trading at a huge discount to the value of its apartments and that made no sense. It is now near an all time high. The hunt for quality assets is there. This is one of the greatest assets over the long term.
 
INVESTMENT COMPANIES / FUNDS
 
Barry Schwartz
$60.610
Owned
 

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