CAPREIT announces $313 million of capital deployment in November
Canadian Apartment Properties Real Estate Investment Trust announced today that it has closed on the acquisition of three recently constructed rental apartment properties in Canada, and has entered into a firm agreement to acquire a fourth strategically aligned property, for combined gross consideration of $192.0 million. CAPREIT also announced that it has deployed approximately $120.7 million into its Normal Course Issuer Bid (“NCIB”) program.