CAPREIT Announces July 2013 Distribution
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 07/15/13 -- Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX: CAR.UN) announced today its July 2013 monthly distribution in the amount of $0.09583333 per Unit (or $1.15 on an annualized basis). The July distribution will be payable on August 15, 2013 to Unitholders of record on July 31, 2013.
To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units.
As one of Canada's largest residential landlords, CAPREIT is a growth-oriented investment trust owning interests in 37,998 residential units, comprised of 34,628 residential suites and 14 manufactured home communities comprising 3,370 land lease sites, located in and near major urban centres across Canada. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 61%. For more information about CAPREIT, its business and its investment highlights, please refer to our website at and our public disclosure, which can be found under our profile at .
Contacts:
CAPREIT
Mr. Michael Stein
Chairman
(416) 861-5788
CAPREIT
Mr. Thomas Schwartz
President & CEO
(416) 861-9404
CAPREIT
Mr. Scott Cryer
Chief Financial Officer
(416) 861-5771
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 15.07.2013 - 21:08 Uhr
Sprache: Deutsch
News-ID 278513
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Commercial Real Estate
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