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Canadian Apartment Properties Real Estate Investment Trust (CAR_u.TO)

CAR_u.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CAPREIT announces Q3 2017 report
Monday, 6 Nov 2017 06:10pm EST 

Nov 6 (Reuters) - Canadian Apartment Properties Real Estate Investment Trust ::CAPREIT reports continued growth and strong operating performance in third quarter of 2017.Says ‍Qtrly basic​ normalized FFO per unit $0.492.  Full Article

Capreit appoints David Ehrlich CEO
Wednesday, 1 Nov 2017 08:30am EDT 

Nov 1 (Reuters) - Canadian Apartment Properties Real Estate Investment Trust :Capreit appoints board trustee David Ehrlich president and chief executive officer.Capreit - ‍Ehrlich's appointment follows loss of company's founder and CEO, Thomas Schwartz, who passed away on August 15, 2017​.  Full Article

CAPREIT TO BUY 11 PROPERTIES IN NETHERLANDS FOR EUR82.6 MLN
Tuesday, 24 Oct 2017 08:24am EDT 

Oct 24 (Reuters) - Canadian Apartment Properties Real Estate Investment Trust :CAPREIT CONTINUES THE NETHERLANDS EXPANSION.‍HAS WAIVED CONDITIONS, ENTERED INTO AGREEMENT TO ACQUIRE 11 PROPERTIES IN RIJSWIJK, VENLO, VENRAY, 5 SURROUNDING TOWNS THROUGHOUT NETHERLANDS​.‍PURCHASE PRICE OF APPROXIMATELY EUR 82.6 MILLION.  Full Article

CAPREIT to buy portfolio of three apartment properties in the Netherlands​
Friday, 18 Aug 2017 10:31am EDT 

Aug 18 (Reuters) - Canadian Apartment Properties Real Estate Investment Trust ::Entered into a binding agreement of purchase and sale to acquire a portfolio of three apartment properties in Netherlands​.Purchase price of approximately EUR13.2 million will be financed with new mortgage financing​.  Full Article

CAPREIT ‍announces passing of president and CEO Thomas Schwartz​
Tuesday, 15 Aug 2017 09:32am EDT 

Aug 15 (Reuters) - Canadian Apartment Properties Real Estate Investment Trust ::Announces passing of president and chief executive officer, Thomas Schwartz​.‍CAPREIT's board of trustees will begin a process to appoint a new chief executive officer​.Michael Stein will continue to coordinate CAPREIT's management team during its succession process​.  Full Article

CAPREIT reports Q2 NFFO per unit diluted $0.462
Monday, 14 Aug 2017 05:20pm EDT 

Aug 14 (Reuters) - Canadian Apartment Properties Real Estate Investment Trust :CAPREIT reports continued growth and strong operating performance in second quarter of 2017.CAPREIT qtrly NFFO per unit - diluted $0.462.CAPREIT qtrly operating revenues $ 157.1 million versus $ 146.7 million.CAPREIT - expects to raise between $185 million and $225 million in total mortgage renewals and refinancings in 2017.CAPREIT - capreit intends to maintain unencumbered investment properties with an aggregate fair value in range of $150 and $180 million over long term.CAPREIT - for full 2017 year, capreit expects to complete property capital investments of approximately $170 million to $180 million.  Full Article

Canadian Apartment Properties REIT to buy properties in Netherlands
Friday, 30 Jun 2017 08:42am EDT 

June 30 (Reuters) - Canadian Apartment Properties Real Estate Investment Trust ::Capreit - has waived conditions and will acquire 19 properties totaling 849 residential suites located in eight cities and towns in Netherlands.Capreit - deal for eur170.4 million.Capreit - deal will be financed with new mortgage financing of about EUR100.8 million with weighted average term of about 7.5 years.Capreit - will be responsible for providing property management services for new properties, exporting its proven programs to Netherlands.Capreit-Deal will also be financed with remaining euro-based loan under credit facility, which currently has a 2-year hedged fixed interest rate of about 1.2%.Capreit - will be establishing its own regional office in netherlands to manage portfolio.  Full Article

CAPREIT CEO Thomas Schwartz says diagnosed with prostate cancer
Tuesday, 25 Apr 2017 07:05pm EDT 

April 25 (Reuters) - CAPREIT :CAPREIT president and Chief Executive Officer Thomas Schwartz informs employees and unitholders of health condition.CAPREIT - in a letter to employees, Chief Executive Officer Thomas Schwartz, advised that he has been recently diagnosed with prostate cancer.Schwartz will be taking some time to focus on his health and treatment over next few months.Schwartz intends to remain very engaged with CAPREIT's business as president and chief executive officer, during this period.  Full Article

CAPREIT CEO says diagnosed with prostate cancer
Tuesday, 25 Apr 2017 05:15pm EDT 

April 25 (Reuters) - Canadian Apartment Properties Real Estate Investment Trust -:CAPREIT CEO in letter to employees and unitholders says "i have been diagnosed with prostate cancer".CAPREIT CEO in letter to employees and unitholders says intend to remain engaged with CAPREIT's business as president and chief executive officer.CAPREIT CEO in letter to employees and unitholders says Michael Stein, chair of capreit, will help coordinate capreit's management team.  Full Article

CAPREIT qtrly AFFO per unit $0.411
Monday, 27 Feb 2017 05:01pm EST 

Canadian Apartment Properties Real Estate Investment Trust : Qtrly NFFO per unit $ 0.432 . Qtrly AFFO per unit $ 0.411 .Q4 FFO per share view C$0.44 -- Thomson Reuters I/B/E/S.  Full Article