businesspress24.com - CAPREIT Announces April 2013 Distribution
 

CAPREIT Announces April 2013 Distribution

ID: 1216085

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 04/12/13 -- Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX: CAR.UN) announced today its April 2013 monthly distribution in the amount of $0.09333333 per Unit. The April distribution will be payable on May 15, 2013 to Unitholders of record on April 30, 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 37,488 residential units, comprised of 34,118 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 56%. 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




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Bereitgestellt von Benutzer: Marketwired
Datum: 12.04.2013 - 15:00 Uhr
Sprache: Deutsch
News-ID 1216085
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TORONTO, ONTARIO


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Commercial Real Estate


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