Company Canadian Apartment Properties Real Estate Investment Trust

Equities

CAR.UN

CA1349211054

Residential REITs

Market Closed - Toronto S.E. 04:00:00 2024-04-18 pm EDT 5-day change 1st Jan Change
42.32 CAD -0.40% Intraday chart for Canadian Apartment Properties Real Estate Investment Trust -4.43% -13.28%

Business Summary

Canadian Apartment Properties Real Estate Investment Trust is a Canada-based provider of rental housing. The Company owns and manages interests in multiunit residential rental properties, including apartments, townhomes and manufactured home communities (MHC), principally located in and near urban centers across Canada. The Company owns approximately 64,300 residential apartment suites, town homes and manufactured home community sites located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe. The Company’s objectives are to maintain a focus on maximizing occupancy and responsibly growing occupied average monthly rent (Occupied AMR) in accordance with local conditions in each of its markets; grow FFO per unit, sustainable distributions and NAV per unit by actively managing its properties; invest capital within the property portfolio and adopt edge technologies and solutions; and maintain financial management.

Number of employees: 1,076

Sales per Business

CAD in Million2022Weight2023Weight Delta
Rental
94.7 %
955 94.8 % 1,009 94.7 % +5.69%
Other
5.3 %
53 5.2 % 56 5.3 % +7.10%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
86.9 %
885 87.9 % 926 86.9 % +4.59%
Netherlands
12.0 %
112 11.1 % 128 12.0 % +14.38%
Germany and Belgium
0.7 %
7 0.7 % 8 0.7 % +6.49%
Europe
0.3 %
3 0.3 % 4 0.3 % +32.15%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 97-12-31
Director of Finance/CFO - 10-12-31
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer - 15-08-31
Chief Investment Officer - 21-12-31
Compliance Officer - 22-06-30
Chief Operating Officer - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 08-12-31
Comptroller/Controller/Auditor - 22-06-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 19-12-31
Director/Board Member 65 22-11-13
Director/Board Member 64 22-11-13
Chief Executive Officer 56 97-12-31
Director/Board Member 77 10-05-18
Director/Board Member 74 12-12-31
Director/Board Member - 23-02-26
Chairman 67 17-05-23
Director/Board Member 60 21-06-01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 167,108,614 166,475,742 ( 99.62 %) 0 99.62 %

Shareholders

NameEquities%Valuation
Highstreet Asset Management, Inc.
1.210 %
2,027,187 1.210 % 70 M $
DWS Grundbesitz GmbH
0.4946 %
828,751 0.4946 % 29 M $
Middlefield Capital Corp.
0.4357 %
730,000 0.4357 % 25 M $
Mark Kenney
0.2882 %
482,960 0.2882 % 17 M $
Sentry Investments, Inc.
0.2531 %
424,059 0.2531 % 15 M $
Brompton Funds Ltd.
0.2238 %
374,947 0.2238 % 13 M $
Barclays Global Investors (Canada) Ltd.
0.2055 %
344,267 0.2055 % 12 M $
Mercer Global Investments Europe Ltd.
0.1898 %
317,981 0.1898 % 11 M $
Manulife Investment Management Ltd.
0.1621 %
271,644 0.1621 % 9 M $
ATP Fondsmaeglerselskab A/S
0.1095 %
183,448 0.1095 % 6 M $

Holdings

NameEquities%Valuation
142,040,821 100.00% 264,195,927 $
73,325,231 13.85% 81,566,987 $

Company contact information

Canadian Apartment Properties Real Estate Investment Trust

11 Church Street Suite 401

M5E 1W1, Toronto

+416 861 9404

http://www.caprent.com
address Canadian Apartment Properties Real Estate Investment Trust(CAR.UN)

Sales per Business

Sales per region

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
42.32 CAD
Average target price
57.49 CAD
Spread / Average Target
+35.84%
Consensus

Quarterly revenue - Rate of surprise

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