CAPREIT's Upcoming Distribution and Company Highlights

Author: Caleb Price Updated: 03-17-2025 08:17 AM

CAPREIT Announces Upcoming Distribution

Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) recently declared its monthly distribution set for March 2025, reflecting the organization’s commitment to its Unitholders. The distribution is established at $0.12917 per Unit, equating to an annualized amount of approximately $1.55. This payment will be processed for Unitholders recorded by the close of business on the last day of March 2025.

Understanding CAPREIT's Growth

As the leading publicly traded provider of rental housing in Canada, CAPREIT significantly impacts the residential real estate sector. As of the end of 2024, the company boasts an impressive portfolio comprising around 46,900 residential suites, including townhomes, which are strategically located throughout Canada and the Netherlands. The total fair value of these properties is estimated at about $14.9 billion, excluding certain assets held for sale.

Impressive Track Record of Distributions

CAPREIT has established a commendable track record, showcasing a 117% increase in monthly cash distributions per Unit since going public in May 1997. This growth trajectory not only underscores the trust’s commitment to its investors but also reflects its robust operational performance within the evolving real estate market. Such an accomplishment signals a promising outlook to both existing and potential Unitholders, highlighting CAPREIT's stability and growth potential.

Investment Insights on CAPREIT

Investors looking for reliable income-generating opportunities in the real estate sector can consider CAPREIT as a strong candidate. With its extensive portfolio and prudent management, the firm is well-positioned to navigate market fluctuations. Unitholders can expect consistent distributions with potential for growth, making it an appealing investment for those seeking to diversify their portfolios with real estate exposure.

Meet the Leadership Team

CAPREIT is led by a competent and experienced leadership team committed to driving the company’s mission forward. The executives include:

Contact Information for CAPREIT

For any inquiries, potential investors, and current Unitholders can reach out to the following members:

Mr. Mark Kenney, President & Chief Executive Officer - (416) 861-9404

Mr. Stephen Co, Chief Financial Officer - (416) 306-3009

Mr. Julian Schonfeldt, Chief Investment Officer - (647) 535-2544

Frequently Asked Questions

What is CAPREIT's distribution amount for March 2025?

The announced distribution amount is $0.12917 per Unit.

When will the March 2025 distribution be payable?

The distribution is payable on April 15, 2025.

How many residential units does CAPREIT manage?

CAPREIT manages approximately 46,900 residential apartment suites and townhomes.

What is the total fair value of CAPREIT's properties?

The total fair value of CAPREIT’s properties is around $14.9 billion, excluding certain assets.

Who leads CAPREIT's executive team?

The executive team includes Mr. Mark Kenney, Mr. Stephen Co, and Mr. Julian Schonfeldt.

About The Author

Hey there I'm Caleb Price, a writer and financial specialist who loves to assist others in understanding the financial world. Having years of practical experience and a solid background in finance, my area of expertise is converting difficult financial ideas into useful, doable insights for my blog and publications. My goal with my writing is to give readers the information and assurance they need to successfully negotiate their financial journeys.

My ability to interact with a wide range of people—from novices starting their investing journey to seasoned investors looking for new approaches—has come from contributing to several financial blogs. Making money approachable and understandable is my goal; this will enable you to make wise choices and realize your financial objectives. We appreciate you coming along on this path to success and financial empowerment on Investors Hangout.

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