TORONTO, May 15, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX: CAR.UN) announced today its May 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The May distribution will be payable on June 15, 2023 to Unitholders of record on May 31, 2023.
CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at March 31, 2023, CAPREIT owns approximately 66,000 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%. For more information about CAPREIT, its business and its investment highlights, please visit our website at www.capreit.ca and our public disclosure which can be found under our profile at www.sedar.com.
For further information please contact:
CAPREIT Mr. Mark Kenney President & Chief Executive Officer (416) 861-9404
CAPREIT Mr. Stephen Co Chief Financial Officer (416) 306-3009
CAPREIT Mr. Julian Schonfeldt Chief Investment Officer (647) 535-2544
Nordson Corporation today reported results for the fiscal second quarter ended April 30, 2024. Sales were $651 million, comparable to the prior year's second quarter sales of $650 million. The second quarter 2024 sales included a favorable...
Citymark Capital, an established real estate private equity platform headquartered in Cleveland, Ohio, is pleased to announce that Kevin Ryan has joined the firm as Managing Director, Head of Capital Raising and Client Solutions....
Transcat, Inc. ("Transcat" or the "Company"), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control...
Rubicon Technologies, Inc. ("Rubicon" or the "Company") , a leading provider of technology solutions for waste and recycling generators, today reported financial and operational results for the first quarter of 2024.
First Quarter 2024 Financial...
Remark Holdings, Inc. , a leading provider of artificial intelligence solutions, today announced its financial results for its quarter ended March 31, 2024. For complete details of the consolidated financial statements and accompanying management's...