United Kingdom

CAPREIT reports Q2 NFFO per unit diluted $0.462

Monday, 14 Aug 2017 

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