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CAPREIT Provides Strategic Update with $210 Million in Non-Core Dispositions

Provided By GlobeNewswire

Last update: Sep 12, 2024

TORONTO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that, since its last transaction press release on August 1, 2024, it has closed on, or has entered into an agreement to close on, four non-core dispositions for combined gross proceeds of $210.1 million. All amounts disclosed herein exclude transaction costs and other customary adjustments.

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