TORONTO, June 15, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX: CAR.UN) announced today its June 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The June distribution will be payable on July 17, 2023 to Unitholders of record on June 30, 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
Nexla has announced a partnership with Confluent, combining Nexla's data integration capabilities with Confluent's real-time data streaming technology. This collaboration enhances businesses' ability to process and analyze data in real-time, enabling...
Rice University and Université Paris Sciences & Lettres (PSL), two of the world's leading urban research and higher education institutions, have signed a strategic partnership for research and innovation on major global challenges and opportunities....
Pontera, the fintech company helping retirement savers receive professional 401(k) account management from their trusted financial advisor, is pleased to announce the launch of a partnership with Stifel Financial Corporation, a premier full-service...
After 18 months of negotiation, Black Oak Casino Resort has announced a partnership with Kids Quest and Cyber Quest, the nation's leading provider of safe, secure, and professionally supervised children's entertainment centers. This collaboration...
Andrew Davidson & Co., Inc. (AD&Co), a leading provider of mortgage analytics and data, today announced the acquisition of the mortgage modeling capabilities of Infima Technologies, Inc. (Infima), a pioneer of AI systems for fixed-income market...
