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Canadian Apartment Properties Real Estate Investment Trust

TSX Exchange | Dec 9, 2019, 3:54 PM EST | Real-time price

CAR.UN $ 55.26 RT
CHANGE
0.35 (0.6374%)
VOLUME
287,450
Day Low: 54.95
Day High: 55.35

Company Profile for Canadian Apartment Properties Real Estate Investment Trust

Description & Contact Information
Business Description

Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Telephone
+1 416 861-9404
Facsimile
+1 416 861-9209
Fiscal Year End
12/2018
Industry Classifications
Sector
Real Estate
CIK
Industry
REITs
SIC
7222
NAICS
Lessors of Residential Buildings and Dwellings(531110)
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