CAPREIT Announces November 2022 Distribution
November 15 2022 - 5:00PM
Canadian Apartment Properties Real Estate Investment Trust
(“CAPREIT”) (TSX – CAR.UN) announced today its November 2022
monthly distribution in the amount of $0.12083 per Unit (or $1.45
on an annualized basis). The November distribution will be payable
on December 15, 2022 to Unitholders of record on November 30, 2022.
CAPREIT is Canada’s largest publicly-traded
provider of quality rental housing. CAPREIT currently owns or has
interests in approximately 67,000 residential apartment suites,
townhomes and manufactured housing community sites well-located
across Canada and the Netherlands with approximately $17 billion of
assets under management globally. 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:
CAPREITMr. Mark Kenney,President & Chief Executive Officer(416)
861-9404 |
CAPREITMr. Stephen Co,Chief Financial Officer(416) 306-3009 |
CAPREITMr. Julian Schonfeldt,Chief Investment Officer(647)
535-2544 |
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