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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 64,300 residential apartment suites, town homes and manufactured home community sites located across Canada and the Netherlands, with approximately $16.5 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

Comment by Mephistopheles3on Dec 12, 2022 10:13am
175 Views
Post# 35165905

RE:No Change to Tax Rules on Residential REITs....?

RE:No Change to Tax Rules on Residential REITs....?Suspect the Fed won't be doing too much.  You can see things start to happen in the background with Ontario starting to take charge at the provincial level and with Toronto.  

Not sure if you saw this article, but this was written by Mark Kenney at CAR in the G&M.  

https://www.theglobeandmail.com/business/commentary/article-canada-housing-crisis-reit-investing/
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