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    CAR.UN — Canadian Apartment Properties Real Estate Investment Trust News Story

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    Brief: CAPREIT Announces Strategic Sale of MHC Portfolio for $740 Mln

    Picture of Canadian Apartment Properties Real Estate Investment Trust logoCanadian Apartment Properties Real Estate Investment Trust
    15/07/2024 12:38
    July 15 (Reuters) - Canadian Apartment Properties Real
Estate Investment Trust  CAR_u.TO :
    * ANNOUNCES STRATEGIC SALE OF MHC PORTFOLIO FOR $740 MILLION
    * CANADIAN APARTMENT PROPERTIES REAL ESTATE INVESTMENT TRUST
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SALE INCLUDES $140.0 MILLION VENDOR TAKE-BACK LOAN
    * AGREEMENT WITH AN ENTITY CONTROLLED BY TPG REAL ESTATE

Source text for Eikon:  ID:nGNX5p5nPY 
Further company coverage:  CAR_u.TO 

 ((Reuters.Briefs@thomsonreuters.com;))

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