Canadian Apartment (TSE:CAR.UN) has released an update.
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Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has invested $313 million in November, acquiring three new properties and planning a fourth acquisition in Montreal. These strategic acquisitions are expected to enhance CAPREIT’s portfolio, with a focus on premium rental properties in key locations. CAPREIT also invested significantly in its Normal Course Issuer Bid program, further strengthening its financial positioning.
For further insights into TSE:CAR.UN stock, check out TipRanks’ Stock Analysis page.
