trending Market Intelligence /marketintelligence/en/news-insights/trending/-4XwtylQWxyDcO8jybr35w2 content esgSubNav
In This List

CAPREIT closes C$250M unit offering


Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise


FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

CAPREIT closes C$250M unit offering

Canadian Apartment Properties Real Estate Investment Trust closed its offering of 5.5 million units at C$45.50 per unit for gross proceeds of about C$250.3 million.

CAPREIT plans to use the offering's net proceeds to repay approximately C$239 million of C$570 million drawn on the company's acquisition and operating facility.

A syndicate of underwriters led by RBC Capital Markets conducted the offering on a bought-deal basis.