Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)

Overview

CAPREIT, Canada's largest publicly traded provider of quality rental housing, boasts a significant presence in the real estate market. As of December 31, 2023, the organization's portfolio includes around 64,300 residential units, encompassing apartment suites, townhomes, and manufactured home community sites. These properties are strategically located across Canada and the Netherlands, showcasing CAPREIT's broad geographical footprint. The company's property investments in Canada and Europe are valued at approximately $16.5 billion, indicating CAPREIT's substantial investment and confidence in the rental housing sector.

Products and Services

• Residential Apartment Suites

CAPREIT offers a wide range of residential apartment suites that cater to various preferences and budgets. These suites are designed to provide comfort and convenience to residents, featuring modern amenities and strategic locations close to essential services and transportation hubs.

• Townhomes

For those seeking more space and privacy, CAPREIT provides an assortment of townhomes. These properties often come with additional features such as multiple floors, private entrances, and sometimes even small yards or patios, making them ideal for families or individuals desiring a blend of apartment living and homeownership benefits.

• Manufactured Home Community Sites

Understanding the diverse needs of the housing market, CAPREIT also manages manufactured home community sites. These sites offer an affordable housing option without compromising on the sense of community and belonging. They are typically located in areas that provide residents with a peaceful living environment while still being accessible to urban centers.