CAPREIT has closed on the acquisition of six rental properties across Canada, further strengthening our portfolio as we head into the new year. These latest investments reflect our ongoing execution of our capital allocation strategy, and reinforce our commitment to providing high quality rental housing in key markets nationwide.
CAPREIT announced today that since the second quarter of 2025, it has closed on, or has entered into agreements to close on, the acquisition of five strategically aligned rental apartment properties in Canada for an aggregate purchase price of $214.0 million. CAPREIT also announced that it has closed on two non-core Canadian dispositions for combined gross proceeds of $82.5 million. All amounts disclosed herein exclude transaction costs and other customary adjustments.
CAPREIT announced today that since the second quarter of 2025, it has closed on, or has entered into agreements to close on, the acquisition of five strategically aligned rental apartment properties in Canada for an aggregate purchase price of $214.0 million. CAPREIT also announced that it has closed on two non-core Canadian dispositions for combined gross proceeds of $82.5 million. All amounts disclosed herein exclude transaction costs and other customary adjustments.
Toronto, Ontario, May 30, 2025 (Globe Newswire) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) is pleased to announce the release of its sixth annual Environmental, Social, and Governance (“ESG”) Report, providing an overview of its ESG strategies, policies, and commitments, and outlining the progress made in 2024.
Canadian Apartment Properties Real Estate Investment Trust announced today that it has completed two non-core dispositions in Canada for combined gross proceeds of $96.8 million, in addition to closing on the previously announced 717-suite sale in Montréal for $103.8 million. CAPREIT also announced that it has acquired two recently constructed rental apartment properties in Western Canada for an aggregate purchase price of $97.6 million. All amounts disclosed herein exclude transaction costs and other customary adjustments.
Canadian Apartment Properties Real Estate Investment Trust announced today that it has closed on the acquisition of three recently constructed rental apartment properties in Canada, and has entered into a firm agreement to acquire a fourth strategically aligned property, for combined gross consideration of $192.0 million. CAPREIT also announced that it has deployed approximately $120.7 million into its Normal Course Issuer Bid (“NCIB”) program.
Canadian Apartment Properties Real Estate Investment Trust announced today that it has closed on the acquisition of three recently constructed rental apartment properties in Canada, and has entered into a firm agreement to acquire a fourth strategically aligned property, for combined gross consideration of $192.0 million. CAPREIT also announced that it has deployed approximately $120.7 million into its Normal Course Issuer Bid (“NCIB”) program.
Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that, since its last transaction press release on August 1, 2024, it has closed on, or has entered into an agreement to close on, four non-core dispositions for combined gross proceeds of $210.1 million.
Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that, since the first quarter of 2024, it has completed six acquisitions of new build rental apartment properties in Canada for an aggregate $387.4 million. CAPREIT also announced that it has closed on three non-core Canadian dispositions to non-profit organizations for combined gross proceeds of $89.3 million.
Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has entered into an agreement with an entity controlled by TPG Real Estate to sell its manufactured home community (“MHC”) portfolio for a gross purchase price of $740.0 million (excluding transaction costs).