Brief: CAPREIT Expands Presence In Strong Montreal Market

Canadian Apartment Properties Real Estate Investment Trust

01/06/2021 01:49

May 31 (Reuters) - Canadian Apartment Properties Real Estate
Investment Trust  CAR_u.TO :
    * CAPREIT EXPANDS PRESENCE IN STRONG MONTREAL MARKET
    * CAPREIT  - COMPLETED ACQUISITION OF A PORTFOLIO OF FIVE
APARTMENT BUILDINGS IN WEST END OF MONTRÉAL, QUEBEC AGGREGATING
154 RESIDENTIAL SUITES
    * CAPREIT - PAID ABOUT $30.6 MILLION FOR TWO PROPERTIES,
FUNDED BY
CASH AND ASSUMPTION OF AN $18.0 MILLION MORTGAGE WITH AN
ATTRACTIVE 1.78% INTEREST RATE

Source text for Eikon:  ID:nGNX7M0FnF 
Further company coverage:  CAR_u.TO 

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