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BRIEF-CAPREIT reports Q2 NFFO per unit diluted $0.462

Published 2017-08-14, 05:55 p/m
© Reuters.  BRIEF-CAPREIT reports Q2 NFFO per unit diluted $0.462

Aug 14 (Reuters) - Canadian Apartment Properties Real Estate Investment Trust CAR_u.TO

* CAPREIT reports continued growth and strong operating performance in second quarter of 2017

* CAPREIT qtrly NFFO per unit - diluted $0.462

* CAPREIT qtrly operating revenues $ 157.1 million versus $ 146.7 million

* CAPREIT - expects to raise between $185 million and $225 million in total mortgage renewals and refinancings in 2017

* CAPREIT - capreit intends to maintain unencumbered investment properties with an aggregate fair value in range of $150 and $180 million over long term

* CAPREIT - for full 2017 year, capreit expects to complete property capital investments of approximately $170 million to $180 million

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