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Content tagged with: CAPREIT

CAPREIT acquires $387M in new apartment buildings

Tyler Choi Residential CAPREIT National Aug. 1 2024

Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has unveiled six acquisitions of apartment buildings and three non-core property divestments totalling $477 million in transactions, a move aligned with its ongoing portfolio modernization strategy.

CAPREIT sells aging apartments, buys new builds for $74 million

Nicholas Sokic Residential CAPREIT National Jun. 9 2023

Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has closed on sales of non-core properties for $103.3 million, and has also reinvested $74.1 million in two new construction rental properties.

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