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Apartment Giant Raises Capital in Booming Canadian Market

CAP REIT's Chief Executive Predicts Worsening Housing Shortage With No Break in Rent Coming
Canadian Apartment Properties REIT in April purchased a luxury building in Langley, British Columbia, in the Greater Vancouver Area. (CoStar)
Canadian Apartment Properties REIT in April purchased a luxury building in Langley, British Columbia, in the Greater Vancouver Area. (CoStar)
CoStar News
December 9, 2019 | 10:34 P.M.

The chief executive of Canadian Apartment Properties REIT, one of the largest apartment owners in the country, said there is a fundamental disconnect between immigration policy and opposition to density in existing neighbourhoods.

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News | Apartment Giant Raises Capital in Booming Canadian Market