Canadian Apartment Properties Real Estate Investment Trust CAR.UN.TO · CAD
Real Estate · Toronto Stock Exchange · 🇨🇦 Canada
31.06
-1.33%
Close of 9 Nov 2026, in CAD
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About Canadian Apartment Properties Real Estate Investment Trust
Its shares trade on Toronto Stock Exchange under the ticker CAR.UN.TO. It has been listed since 21 May 1997. In the fiscal year to 31 December 2025, it reported revenue of C$1.00bn and net income of C$197.1m. At that date it held total assets of C$15.13bn and shareholders' equity of C$8.76bn.
Canadian Apartment Properties Real Estate Investment Trust owns and operates a portfolio of multi-unit residential rental properties, including apartments, townhomes and manufactured home communities located in and near major urban centers across Canada. The company is headquartered in Toronto, Ontario. CAPREIT is focused on the management of properties, acquisitions and financial management, and reinvest capital within the property portfolio. CAPREIT owns and operates a portfolio of multi-unit residential rental properties, including apartments, townhomes and manufactured home communities (MHC) located in and near urban centers in Canada. CAPREIT manages approximately 66,900 residential rental apartment and townhouse suites and manufactured home community sites in various centers across Canada, the Netherlands, and Ireland.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Real Estate
- Industry
- Equity Real Estate Investment Trusts (REITs)
- Listed since
- 21 May 1997
- Employees
- 1,029
- Website
- caprent.com ↗
Leadership
Pay as last reported
- Dr. Gina CodyIndependent Chairman of the Board of TrusteesC$359,244
- Mr. Mark KenneyPresident, Chief Executive Officer, Trustee, since 2002C$3.7m
- Mr. Stephen CoChief Financial OfficerC$1.2m
- Mr. Nick SavinoSenior Vice President - OperationsC$415,076
- Mr. Julian SchonfeldtChief Investment OfficerC$1.2m
- Ms. Lori-Ann BeausoleilIndependent TrusteeC$195,000
- Mr. Gervais LevasseurIndependent TrusteeC$229,625
- Mr. Kenneth SilverIndependent TrusteeC$170,000
- Ms. Jennifer StoddartIndependent TrusteeC$170,000
- Dr. Elaine TodresIndependent TrusteeC$195,000
- Mr. Rene TremblayIndependent TrusteeC$220,000
- Mr. David WesikIndependent TrusteeC$66,984
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 78
- Environment
- 67
- Social
- 99
- Governance
- 67
- Direct emissions (scope 1)
- 88,373 t
- Energy emissions (scope 2)
- 19,754 t
- Value chain emissions (scope 3)
- 13,143 t
- Women in the workforce
- 56%
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has several strengths that contribute to its success and competitive advantage. Firstly, CAPREIT is one of the largest residential landlords in Canada, owning and operating a diverse portfolio of high-quality rental properties. This extensive property portfolio provides a wide range of housing options, appealing to a broad customer base. CAPREIT's established presence in key Canadian cities also enables it to benefit from stable rental demand and potential economies of scale.
- Secondly, CAPREIT has a proven track record of strong financial performance. Its consistent revenue growth and ability to generate sustainable cash flows have positioned the company as a trusted and reliable investment choice. Furthermore, CAPREIT's continuous focus on property management and maintenance allows it to provide well-maintained and attractive rental options to tenants, enhancing tenant satisfaction and retention rates.
- Lastly, CAPREIT benefits from a skilled and experienced management team. The expertise of its leadership ensures effective decision-making, strategic planning, and efficient operations. This team's commitment to innovation and adaptability enables CAPREIT to stay ahead in a dynamic real estate market and navigate potential challenges effectively.
Weaknesses
- Despite its strengths, CAPREIT also faces certain weaknesses that may affect its performance. One notable weakness is the potential vulnerability of CAPREIT's rental properties to economic downturns. In times of economic uncertainty, individuals may face financial strains and be unable to pay rent, leading to increased vacancy rates and reduced rental income for CAPREIT. Additionally, as a real estate investment trust, CAPREIT is subject to interest rate risks. Rising interest rates could increase the cost of borrowing for CAPREIT, potentially impacting its profitability and ability to undertake new acquisitions or property developments.
- Another weakness lies in CAPREIT's limited international presence. With its focus primarily on the Canadian market, CAPREIT may miss out on potential investment opportunities and diversification benefits available in other countries. This concentration risk exposes CAPREIT to any adverse changes specific to the Canadian real estate market.
Opportunities
- CAPREIT has various opportunities to leverage and expand its operations. Firstly, the increasing trend towards urbanization presents an opportunity for CAPREIT to invest in strategic locations within growing cities. The demand for rental accommodations in urban areas is likely to persist, providing CAPREIT with a steady customer base. Moreover, CAPREIT can explore acquisition opportunities to expand its property portfolio and capitalize on potential synergies and economies of scale.
- Additionally, CAPREIT can take advantage of emerging technologies and smart building solutions to enhance its property management processes and improve operational efficiency. Integrating advanced systems for energy management, security, and tenant services not only enhances the tenant experience but also reduces operating costs in the long run.
Threats
- CAPREIT faces certain threats that could hinder its growth and profitability. One significant threat is the potential impact of government regulations and policies on the real estate sector. Changes in regulations, such as rent control measures or restrictions on property development, may constrain CAPREIT's ability to increase rental rates or expand its property portfolio. Additionally, economic factors such as job losses, inflation, or a housing market slowdown could negatively affect CAPREIT's rental demand and financial performance.
- Furthermore, intense competition within the real estate market poses a threat to CAPREIT. Competitors may offer comparable or superior rental properties, potentially leading to tenant attrition or price pressure. To mitigate this threat, CAPREIT needs to continually invest in property upgrades, tenant amenities, and value-added services to maintain its competitive edge.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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