Overview
Description
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) is a prominent real estate investment trust specializing in the acquisition, ownership, and management of multi-unit residential properties. Its primary function is to generate income through rental yields and potential appreciation of its property portfolio, which spans across Canada, including apartments, townhomes, and urban residential spaces. CAPREIT focuses on diversifying its assets to include properties in major metropolitan areas as well as secondary markets, ensuring broad exposure to different economic regions. The trust plays a vital role in the housing sector by providing quality rental housing options and maintaining high occupancy rates through strategic property management and customer service initiatives. CAPREIT's position in the market highlights its significance as a stable income-generating option in the real estate sector, appealing to both retail and institutional investors who prioritize steady returns from real estate investments.
About
CEO
Mr. Mark Kenney
Employees
0
Address
11 Church Street
Suite 401
Toronto, M5E 1W1, ON
Canada
Suite 401
Toronto, M5E 1W1, ON
Canada
Phone
416 861 9404
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Residential
Country
Canada
MIC code
XTSE