TSX:CAR.UNResidential REITs
Major Acquisitions and Community Partnerships Could Be a Game Changer for CAPREIT (TSX:CAR.UN)
Earlier this quarter, Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) closed or agreed to acquire five rental apartment properties across Canada for a total of CA$214.0 million and completed two non-core property sales for CA$82.5 million, including a prominent expansion into West Vancouver and an agreement to acquire a large, amenity-rich complex in Regina.
In addition, CAPREIT sold its land lease interest in North Vancouver to Nch’ḵaý Development Corporation,...