Business
CAPREIT Announces December 2025 Distribution and Special Non-Cash Distribution
This news release constitutes a “designated news release” for the purposes of CAPRE...

About this update from Canadian Apartment Properties Real Estate Investment Trust
[{"type":"text","content":"CAPREIT Announces December 2025 Distribution and Special Non-Cash Distribution\n\n\n\n\n\n This news release constitutes a “designated news release” for the purposes of CAPREIT’s prospectus supplement dated May 15, 2025, to its short form base shelf prospectus dated May 15, 2025.\n \n\n\n\n\n\n Not for distribution to U.S. newswire services or for dissemination in the United States.\n \n\n\n\n TORONTO, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“\n \n CAPREIT\n \n ”) (TSX:CAR.UN) announced today its December 2025 monthly distribution in the amount of $0.12917 per Unit (or $1.55 on an annualized basis). The December 2025 distribution will be payable on January 15, 2026 to Unitholders of record at the close of business on December 31, 2025.\n \n\n CAPREIT also announced that it has declared a special non-cash distribution of $0.90 per Unit, payable in Units of CAPREIT (the “\n \n Additional Units\n \n ”) on December 31, 2025 to Unitholders of record at the close of business on December 31, 2025 (the “\n \n Special Distribution\n \n ”). The Special Distribution is principally being made to distribute to Unitholders a portion of the net capital gains of CAPREIT realized during the twelve-month period ending December 31, 2025, and will therefore be in the form of a capital gain to Unitholders for Canadian income tax purposes.\n \n\n Taxable Canadian-resident Unitholders will generally be required to include their proportionate share of CAPREIT’s income and net taxable capital gain, as allocated and designated by CAPREIT, in computing their respective income for the tax year that includes the year end of CAPREIT (i.e., December 31, 2025).\n \n\n The non-cash Special Distribution will be paid at the close of business on December 31, 2025 through the issuance of the Additional Units. The number of Additional Units to be issued will be based on the dollar amount of the Special Distribution divided by the closing price of the Units on the Toronto Stock Exchange on December 31, 2025.\n \n\n Immediately after the payment of the Special Distribution, the issued and outstanding Units of CAPREIT will be consolidated such that the aggregate number of issued and outstanding Units will be the same as immediately before the Spec...
More updates from Canadian Apartment Properties Real Estate Investment Trust