Announced

Completed

CAPREIT completed the acquisition of six rental properties in Canada for $292.5m.

Synopsis

CAPREIT, Canada's publicly traded provider of rental housing, completed the acquisition of six strategically aligned rental properties in Canada for $292.5m. “These transactions bring our 2025 acquisition volume to a total of $659m in highly strategic, primely located assets, which come with low capital requirements and strong return profiles. We’re also continuing to purchase our recently constructed buildings at appealing pricing per square foot compared to replacement cost. This ongoing transformation is further strengthening the quality and cash flow performance of our irreplaceable rental apartment portfolio in Canada," Mark Kenney, CAPREIT President and CEO.

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