Skip to main content

CDN Apartment Un (CAR-UN-T) Quote - Press Release

Unchecking box will stop auto data updates
TSX Real-Time Last Sale CAD
Today's Change
Price Quote as of

More stories below advertisement

CAPREIT Completes Netherlands Property Acquisition

GlobeNewswire - Tue Feb 26, 3:59PM CST

Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX:CAR-UN.TO) announced today that it has completed the acquisition of a portfolio of twenty-one properties in six urban centres in the Netherlands totaling 511 residential suites for a purchase price of EUR98.0 million. The portfolio consists of 431 single family rental homes and 80 multi-family rental suites. The acquisition was funded by CAPREIT's Acquisition and Operating credit facility.


As one of Canada's largest residential landlords, CAPREIT is a growth-oriented investment trust owning interests in 52,039 residential units, comprising 45,446 residential suites and 32 manufactured home communities comprising 6,593 land lease sites located in and near major urban centres across Canada. For more information about CAPREIT, its business and its investment highlights, please refer to our website at or and our public disclosure, which can be found under our profile at


All statements in this press release that do not relate to historical facts constitute forward-looking statements. These statements represent CAPREIT's intentions, plans, expectations and beliefs and are subject to certain risks and uncertainties that could result in actual results differing materially from these forward-looking statements. These risks and uncertainties are more fully described in regulatory filings that can be obtained on SEDAR at

For more information, please contact:

Mr. Michael Stein Mr. Mark Kenney Mr. Scott Cryer
Chairman          President & COO Chief Financial Officer
(416) 861-5788    (416) 861-9404  (416) 861-5771

More stories below advertisement

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2019.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies