CAPREIT Expands Portfolio with $477 Million Transactions
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CAPREIT Expands Portfolio with $477 Million Transactions

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Canadian Apartment (TSE:CAR.UN) has released an update.

Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has significantly expanded its portfolio through strategic acquisitions and dispositions, totaling $477 million in recent transactions. These include the purchase of six new rental properties for $387.4 million, and the sale of three non-core properties for $89.3 million, enhancing their presence in key Canadian markets.

For further insights into TSE:CAR.UN stock, check out TipRanks’ Stock Analysis page.

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