CAPREIT Reports Second Quarter 2025 Results

About this update from Canadian Apartment Properties Real Estate Investment Trust

[{"type":"text","content":"CAPREIT Reports Second Quarter 2025 Results\n\n\n\n TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (\"CAPREIT\") (TSX: CAR.UN) announced today its operating and financial results for the three and six months ended June 30, 2025. Management will host a conference call to discuss the financial results on Friday, August 8, 2025 at 9:00 a.m. ET.\n \n\n\n HIGHLIGHTS\n \n\n\n\n\n\n As at\n \n\n\n\n\n\n June 30, 2025\n \n\n\n\n December 31,\n \n\n 2024\n \n\n\n\n June 30, 2024\n \n\n\n\n\n\n Total Portfolio Performance and Other Measures\n \n\n\n\n\n\n\n\n\n\n\n\n\n Number of suites and sites\n \n (1)\n \n\n\n\n\n\n\n\n 46,924\n \n\n\n\n\n\n\n 48,696\n \n\n\n\n\n\n 64,155\n \n\n\n\n\n\n Investment properties fair value\n \n (2)\n \n (000s)\n \n\n\n\n\n $\n \n\n\n\n 14,481,143\n \n\n\n\n\n $\n \n\n 14,868,362\n \n\n\n\n $\n \n\n 16,600,604\n \n\n\n\n\n\n Assets held for sale (000s)\n \n\n\n\n\n $\n \n\n\n\n 586,738\n \n\n\n\n\n $\n \n\n 307,460\n \n\n\n\n $\n \n\n 221,007\n \n\n\n\n\n\n\n Occupied AMR\n \n\n\n (1)(3)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n Canadian Residential Portfolio\n \n (4)\n \n\n\n\n\n\n $\n \n\n\n\n 1,693\n \n\n\n\n\n $\n \n\n 1,636\n \n\n\n\n $\n \n\n 1,577\n \n\n\n\n\n\n The Netherlands Residential Portfolio\n \n\n\n\n\n €\n \n\n\n\n 1,245\n \n\n\n\n\n €\n \n\n 1,222\n \n\n\n\n €\n \n\n 1,072\n \n\n\n\n\n\n\n Occupancy\n \n\n\n (1)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n Canadian Residential Portfolio\n \n (4)\n \n\n\n\n\n\n\n\n 98.3\n \n\n\n\n %\n \n\n\n\n\n 97.5\n \n\n %\n \n\n\n\n 98.2\n \n\n %\n \n\n\n\n The Netherlands Residential Portfolio\n \n\n\n\n\n\n\n 91.0\n \n\n\n\n %\n \n\n\n\n\n 94.6\n \n\n %\n \n\n\n\n 97.7\n \n\n %\n \n\n\n\n Total Portfolio\n \n (5)\n \n\n\n\n\n\n\n\n 97.9\n \n\n\n\n %\n \n\n\n\n\n 97.2\n \n\n %\n \n\n\n\n 97.7\n \n\n %\n \n\n\n\n\n\n (1)\n \n As at June 30, 2025, includes 1,556 suites classified as assets held for sale in Europe (December 31, 2024 – 1,803 suites and sites in Canada and Europe, June 30, 2024 – 816 suites in Canada and Europe), but excludes commercial suites.\n \n\n\n\n (2)\n \n Investment properties exclude assets held for sale.\n \n\n\n\n (3)\n \n Occupied average monthly rent (\"Occupied AMR\") is defined as actual residential rents divided by the total number of occupied suites or s...

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