CAPREIT Announces January 2023 Distribution
17 January 2023 - 9:00AM
Canadian Apartment Properties Real Estate Investment Trust
(“CAPREIT”) (TSX – CAR.UN) announced today its January 2023 monthly
distribution in the amount of $0.12084 per Unit (or $1.45 on an
annualized basis). The January distribution will be payable on
February 15, 2023 to Unitholders of record on January 31, 2023.
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 KenneyPresident & Chief Executive Officer(416)
861-9404 |
CAPREITMr. Stephen CoChief Financial Officer(416) 306-3009 |
CAPREITMr. Julian SchonfeldtChief Investment Officer(647)
535-2544 |
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