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TORONTO, Nov. 15, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) introduced as we speak its November 2022 month-to-month distribution within the quantity of $0.12083 per Unit (or $1.45 on an annualized foundation). The November distribution might be payable on December 15, 2022 to Unitholders of document on November 30, 2022.
CAPREIT is Canada’s largest publicly-traded supplier of high quality rental housing. CAPREIT presently owns or has pursuits in roughly 67,000 residential condo suites, townhomes and manufactured housing group websites well-located throughout Canada and the Netherlands with roughly $17 billion of property underneath administration globally. Since its Initial Public Offering in May 1997, CAPREIT has grown month-to-month money distributions per Unit by 103%. For extra details about CAPREIT, its business and its funding highlights, please go to our web site at www.capreit.ca and our public disclosure which will be discovered underneath our profile at www.sedar.com.
For additional info 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 |
