Canadian Apartment Properties REIT Q4 Earnings Call Highlights

Management said CAPREIT’s portfolio has shifted toward a mix designed to reduce capital needs and improve resilience. Kenney said 79% of the portfolio is classified as value-add assets, with 68% considered a core long-term holding. Another 11% is categorized as “opportunistic dispositions,” which Kenney described as steady-performing assets that the company would consider selling if pricing is compelling.Kenney also emphasized CAPREIT’s use of its normal course issuer bid (NCIB) amid what he described as a ...