)
Visual22 Oct 2025
Epiroc's cash spent on M&A
Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) investor relations material
Canadian Apartment Properties Real Estate Investment Trust Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary8 Aug, 2025
Executive summary
Achieved $274M in Canadian non-core asset sales and $743M in European dispositions, reinvesting $165M in Canadian acquisitions and $187M in NCIB buybacks.
Canadian same property occupancy reached 98.3% with a 5.2% year-over-year increase in average monthly rent.
Portfolio repositioning increased new generation Canadian apartments to 16% of total, with European exposure set to drop to 2% post-dispositions.
Focused on operational excellence, cost containment, and optimizing rent growth amid market headwinds.
Enhanced operational performance through rent optimization and expense control, driving higher occupancy and NOI margin.
Financial highlights
Same property operating revenues rose 4.4% to $232.5M, and same property NOI increased 4.9% to $154.1M in Q2 2025.
Diluted FFO per unit grew 2.6% to $0.661, while FFO payout ratio was 58.5%.
Net income for Q2 2025 was $74.5M, compared to $112.1M in Q2 2024.
NAV per unit (diluted) as of June 30, 2025 was $56.14.
Total debt to gross book value improved to 38.5% from 41.5% year-over-year.
Outlook and guidance
Management expects stable market conditions in the near term, with steady leasing activity and positive outlook as COVID lease turnover subsides.
Targeting $400M in Canadian dispositions for 2025, aiming to match with acquisitions as European capital is repatriated.
Ongoing NCIB activity is expected to generate further accretion, with $187M invested in unit repurchases year-to-date.
Anticipates funding capital expenditures and distributions entirely through FFO in the near term.
ERES expects to declare a special distribution to unitholders, subject to completion of pending European asset sales.
Why did the Netherlands occupancy drop?
Explain the ERES special distribution.
Detail the reasons for increased credit losses.
How does affordability crisis shape acquisition strategy?
Can Q2 NOI margin expansion be sustained?
Detail the new densification strategy.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Canadian Apartment Properties Real Estate Investment Trust earnings date
Q3 20257 Nov, 2025
Next Canadian Apartment Properties Real Estate Investment Trust earnings date
Q3 20257 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Canadian Apartment Properties Real Estate Investment Trust is a real estate investment trust that owns and manages a portfolio of residential rental properties. Its assets include apartment buildings, townhomes, and manufactured home communities located across Canada, with additional holdings in the Netherlands and Ireland. The trust focuses on long-term ownership and property management. Canadian Apartment Properties Real Estate Investment Trust is headquartered in Toronto, Canada, and its shares are listed on the TSX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage