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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 Mephistopheles3on Apr 30, 2022 6:24am
244 Views
Post# 34644497

Large seller getting out? Jan & April volume data high

Large seller getting out? Jan & April volume data highJust some fun speculation on this Saturday morning. I was looking at volume data today for CAR and noticed in January and in April, there looks to be one large seller exiting positions.  

A net of 397K shares were sold from Societe Generale broker whom is a smaller one in the month of January alone.  Another net 300K shares were sold in April.  Based on this, I would say there is a large seller out there.  

CAR's share price has tracked closely to the other residential REIT's except BEI, so I don't think it's had a major impact, but I thought it was just interesting.  Volume data images shown below.

Jan22 volume data

Apr22 volume data
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