CAP REIT Announces March, 2006 Distribution.TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing -- Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. Apartment Properties Real Estate Investment Trust ("CAP REIT CAP REIT Canadian Apartment Properties Real Estate Investment Trust ") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CAR.UN) announced today its March 2006 monthly distribution in the amount of $0.09 per Unit. The March distribution will be payable on April 15, 2006 to Unitholders of record on March 31, 2006. To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan reinvestment plan See dividend reinvestment plan (DRIP). will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units. As one of Canada's largest residential landlords, CAP REIT (TSX:CAR.UN) is a growth-oriented investment trust owning interests in 25,716 residential suites located in major urban centres from coast to coast. Since its Initial Public Offering in May 1997, CAP REIT has grown monthly cash distributions per Unit by 51%. For more information about CAP REIT, its business and its investment highlights, please refer to our web site at www.capreit.net. Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) |
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