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BRIEF-CAPREIT To Acquire Brand New Rental Complex In Victoria

Published 2019-06-07, 05:05 p/m
© Reuters.  BRIEF-CAPREIT To Acquire Brand New Rental Complex In Victoria

June 7 (Reuters) - Canadian Apartment Properties Real Estate Investment Trust CAR_u.TO :

* CAPREIT TO ACQUIRE BRAND NEW RENTAL COMPLEX IN VICTORIA

* CAPREIT - CAPREIT PAID $26.5 MILLION FOR PROPERTY,

* CAPREIT - PROPERTY PRICE FUNDED BY ITS ACQUISITION AND OPERATING CREDIT FACILITY

* CAPREIT - INTENDS TO SECURE MORTGAGE OF $18.4 MILLION WITH RATE OF ABOUT 2.45%, TERM OF 10 YRS IN COMING WEEKS

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