/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
TORONTO, May 13, 2021 /CNW/ - (TSX: CAR.UN) – Canadian
Apartment Properties Real Estate Investment Trust ("CAPREIT")
announced today that it has filed a (final) base shelf prospectus
with the securities regulatory authorities in each of the provinces
and territories of Canada. The
base shelf prospectus is valid for a 25-month period, during which
CAPREIT may offer debt securities, subscription receipts and units,
or any combination thereof, having an aggregate offering price of
up to $2 billion. Any issue of
securities under the base shelf prospectus will require the filing
of a prospectus supplement that will include specific terms of the
securities being offered.
This news release does not constitute an offer to sell
securities, nor is it a solicitation of an offer to buy securities
in any jurisdiction in which such offer, solicitation or sale would
be unlawful. This news release does not constitute an offer of
securities for sale in the United
States and the securities referred to in this news release
may not be offered or sold in the United
States absent a registration or an exemption from
registration.
ABOUT CAPREIT
CAPREIT is Canada's largest
publicly traded provider of quality rental housing. CAPREIT
currently owns or has interests in approximately 68,100 residential
apartment suites, townhomes and manufactured housing community
sites well-located across Canada,
the Netherlands and Ireland. For more information about CAPREIT,
its business and its investment highlights, please visit our
website at www.caprent.com or www.capreit.net and our
public disclosure which can be found under our profile at
www.sedar.com.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING
STATEMENTS
All statements in this press release that do not relate to
historical facts constitute forward-looking statements within the
meaning of applicable securities legislation. These statements
represent CAPREIT's intentions, plans, expectations and beliefs and
are based on a number of assumptions and subject to a number of
risks and uncertainties, many of which are beyond CAPREIT's
control, that could cause actual results and events to differ
materially from those that are disclosed in or implied by such
forward-looking statements. These risks and uncertainties include,
but are not limited to, the factors discussed in CAPREIT's current
Annual Information Form as well as under the "Risks and
Uncertainties" section of the MD&A released on February 24, 2021, both of which are available on
SEDAR at www.sedar.com. Subject to applicable law, CAPREIT does not
undertake any obligation to publicly update or revise any
forward-looking information.
SOURCE Canadian Apartment Properties Real Estate Investment
Trust (CAPREIT)