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.

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Canadian Apartment Properties Real Estate Investment Trust

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Post by Betteryear2on Dec 15, 2023 6:57pm

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Post# 35787721

December 2023 Distribution and Special Non-Cash Distribution

TORONTO, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its December 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The December 2023 distribution will be payable on January 15, 2024 to Unitholders of record at the close of business on December 29, 2023.

CAPREIT Announces December 2023 Distribution and Special (globenewswire.com)

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