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

Canadian Apartment Properties Real Estate Investment Trust

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Post by Venture100on May 11, 2004 10:30pm

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Post# 7473351

need clarification

I have not seen the circular regarding the buyout offer for resreit. I would like to know if the offer was extended to owners of reit units at the time of mailing of the offer or to holders of units at time of the closing of the sale. Their is a price discrepency of $2.65 per share between todays closing price and the value of the offer of $18.60.

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