CAPREIT Announces May 2019 Distribution – Wire Real Estate

CAPREIT Announces May 2019 Distribution

May 16, 2019

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TORONTO, — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its May 2019 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The May distribution will be payable on June 17, 2019 to Unitholders of record on May 31, 2019.

To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units.

As one of Canada’s largest residential landlords, CAPREIT is a growth-oriented investment trust owning interests in 53,327 residential units, comprised of 45,630 residential suites and 45 manufactured home communities comprising 7,697 land lease sites, located in and near major urban centres across Canada and The Netherlands.  Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 93%.  For more information about CAPREIT, its business and its investment highlights, please refer to our website at or and our public disclosure, which can be found under our profile at

For further information please contact:

Mr. Michael Stein,
(416) 861-5788
Mr. Mark Kenney,
President & CEO
(416) 861-9404
Mr. Scott Cryer,
Chief Financial Officer
(416) 861-5771

See Campaign:
Contact Information:
CAPREIT Mr. Michael Stein, Chairman (416) 861-5788

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