Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) is one of the leading real estate investment businesses in Canada. Its home community sites are in major urban centres spread across Canada, the Netherlands and Ireland.
The company, which functions as an open-end real investment trust, operates through a land-leasing model wherein the landlord owns the house but leases the land on which the house is built.
CAPREIT assists students in finding off-campus residence near their schools, as well provides services to working professionals, families, etc in settling down in a new city, province or a country by providing them tips and apartment amenities.
CAPREIT reportedly focuses on strategic ownership of buildings that are close to major campuses and offices. In the midst of the ongoing novel coronavirus pandemic, the company is said to have allowed certain rent relaxations to those who were badly hit by the economic slowdown.
The real estate enterprise is said to manage some 67,500 sites across the Netherlands, Canada and Ireland. The company has a diverse employee base and its policies are inclusive of the LGBTQ+ communities and people speaking diverse languages.
CAPREIT claims to include Environmental, Social and governmental (ESG) as a part of its strategies. The company is said to invest in energy efficient projects and also finance employee training and skill development programs.
The company is also said to make contribution to support education in less-developed communities. CAPREIT points that it aims for a stable and long-term growth by accretive asset allocation, expanding urban markets along with focusing on sub-urban areas and maintaining a stable low-risk portfolio.
Investors and other stakeholders can access financial and investor relations information for CAPREIT from its official website. The stocks of the company presently trade under the ticker symbol of ‘CAR.UN’ on the Toronto Stock Exchange (TSX).