2024-05-02 16:16:31 ET
Summary
- CAPREIT is a Canadian multifamily residential REIT with quality assets and high occupancy rates.
- Rent control in Ontario and British Columbia is a challenge, but CAPREIT can raise rents to market levels when tenants move out.
- We review the valuation and tell you how we are playing this.
Note: All amounts discussed are in Canadian Dollars. Securities discussed trade primarily on Canadian exchanges. Canadian options are not accessible by US investors. ...
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Canadian Apartment Properties REIT: Deep Value Embedded