CAPREIT

Result of EGM

Retrieved on: 
Friday, February 16, 2024

* A vote withheld is not a vote in law and is not counted in the proportion of votes for or against a resolution.

Key Points: 
  • * A vote withheld is not a vote in law and is not counted in the proportion of votes for or against a resolution.
  • This Board recognises this result reflects well publicised differences of opinion apparent in certain sections of the register and notes the public statements made by CAPREIT and Ewing Morris ahead of this EGM.
  • The Board takes seriously its responsibility to understand shareholders’ opinions and to minimise conflict and will continue to engage with all shareholders constructively and to act in all shareholders interests.
  • For further information please contact:
    For Investor Relations at Irish Residential Properties REIT plc:
    Padraig McKeon, I-RES PR and Communications Tel: + 353 (0) 87 231 2632

CAPREIT Announces February 2024 Distribution

Retrieved on: 
Thursday, February 15, 2024

TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its February 2024 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis).

Key Points: 
  • TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its February 2024 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis).
  • The February 2024 distribution will be payable on March 15, 2024 to Unitholders of record at the close of business on February 29, 2024.
  • CAPREIT is Canada’s largest publicly traded provider of quality rental housing.
  • Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%.

CAPREIT Announces Multitude of Internal Leadership Promotions

Retrieved on: 
Monday, January 29, 2024

NORTH BETHESDA, Md., Jan. 29, 2024 /PRNewswire-PRWeb/ -- CAPREIT, a fully integrated real estate operating company responsible for the ownership and management of more than $5 billion of multifamily assets, today announced several leadership promotions, including the progress of Andrew Kadish from President to Chief Executive Officer.

Key Points: 
  • Along with the leadership promotions, CAPREIT recently hired Ira Strassberg as Chief Financial Officer.
  • Strassberg brings more than 30 years of industry leadership, finance experience and accounting expertise to CAPREIT.
  • "We are extremely excited to bring Ira's considerable leadership, expertise and experience to our company," Andrew Kadish said.
  • He was also Deputy CFO of Cantor Fitzgerald and served as Senior Vice President and CFO of Fannie Mae's Multifamily division.

CAPREIT Announces January 2024 Distribution

Retrieved on: 
Monday, January 15, 2024

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its January 2024 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis).

Key Points: 
  • TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its January 2024 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis).
  • The January 2024 distribution will be payable on February 15, 2024 to Unitholders of record at the close of business on January 31, 2024.
  • CAPREIT is Canada’s largest publicly traded provider of quality rental housing.
  • Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%.

CAPREIT Announces Timing of Year End 2023 Results & Conference Call

Retrieved on: 
Wednesday, January 3, 2024

TORONTO, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three months and year ended December 31, 2023 after markets close on:

Key Points: 
  • TORONTO, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three months and year ended December 31, 2023 after markets close on:
    A conference call to discuss the results will be hosted by the CAPREIT senior management team on:
    The telephone numbers for the conference call are:
    The call will also be webcast live and accessible through the CAPREIT website at www.capreit.ca – click on “For Investors” and follow the link at the top of the page.
  • A replay of the webcast will be available for one year after the webcast at the same link.
  • The slide presentation to accompany management’s comments during the conference call will be available on the CAPREIT website an hour and a half prior to the conference call.
  • For more information about CAPREIT, its business and its investment highlights, please refer to our website at www.capreit.ca and our public disclosure at www.sedarplus.ca .

CAPREIT Announces $101MM in New Strategic Transactions

Retrieved on: 
Wednesday, December 20, 2023

CAPREIT also announced that it has disposed of two non-core buildings in Canada for combined consideration of $10.3 million, in addition to closing on the previously announced $53.9 million strategic sale in Calgary, Alberta.

Key Points: 
  • CAPREIT also announced that it has disposed of two non-core buildings in Canada for combined consideration of $10.3 million, in addition to closing on the previously announced $53.9 million strategic sale in Calgary, Alberta.
  • This month, CAPREIT acquired a newly constructed 12-storey, concrete purpose-built rental apartment containing 114 high-quality residential suites and over 5,000 square feet of commercial retail at grade.
  • The building is situated in a strategic location in Vancouver, British Columbia, just steps from the Commercial-Broadway SkyTrain, which is serviced by both the Expo and Millennium lines.
  • CAPREIT further disposed of another unencumbered property containing 21 residential suites built in 1978 in Charlottetown, Prince Edward Island, for $1.7 million.

CAPREIT Announces November 2023 Distribution

Retrieved on: 
Wednesday, November 15, 2023

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its November 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis).

Key Points: 
  • TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its November 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis).
  • The November distribution will be payable on December 15, 2023 to Unitholders of record on November 30, 2023.
  • As at September 30, 2023, CAPREIT owns approximately 64,500 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.
  • Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%.

Great Gulf Group strengthens senior leadership team with a trio of key appointments

Retrieved on: 
Monday, December 4, 2023

Canadian real estate company names President of growing Resorts and Leisure division, and hires new CLO and COO

Key Points: 
  • Canadian real estate company names President of growing Resorts and Leisure division, and hires new CLO and COO
    TORONTO, Dec. 4, 2023 /PRNewswire/ - Leading real estate company Great Gulf Group ("Great Gulf") has bolstered its senior leadership ranks, including its Resorts and Leisure division, with three key hires.
  • A seasoned hospitality leader, Wong joins Great Gulf from Exclusive Resorts, a members-only luxury travel club.
  • "I'm thrilled to be joining Great Gulf for this next era of growth," said Wong.
  • Before joining Great Gulf, Pruzanski was General Counsel for Canadian Apartment Properties REIT (CAPREIT) for more than a decade.

CAPREIT Announces October 2023 Distribution

Retrieved on: 
Monday, October 16, 2023

TORONTO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its October 2023 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis).

Key Points: 
  • TORONTO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its October 2023 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis).
  • The October distribution will be payable on November 15, 2023 to Unitholders of record on October 31, 2023.
  • As at June 30, 2023, CAPREIT owns approximately 65,000 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $17 billion of investment properties in Canada and Europe.
  • Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%.

CAPREIT Announces Timing of Third Quarter 2023 Results & Conference Call

Retrieved on: 
Monday, September 25, 2023

TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three and nine months ended September 30, 2023 after markets close on:

Key Points: 
  • TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three and nine months ended September 30, 2023 after markets close on:
    A conference call to discuss the results will be hosted by the CAPREIT senior management team on:
    The telephone numbers for the conference call are:
    The call will also be webcast live and accessible through the CAPREIT website at www.capreit.ca – click on “For Investors” and follow the link at the top of the page.
  • A replay of the webcast will be available for 1 year after the webcast at the same link.
  • The slide presentation to accompany management’s comments during the conference call will be available on the CAPREIT website an hour and a half prior to the conference call.
  • For more information about CAPREIT, its business and its investment highlights, please refer to our website at www.capreit.ca and our public disclosure at www.sedarplus.ca .