The apartment REITs are carving up their portfolios, with Boardwalk (BEI-U) divesting 134 units in Edmonton for $24M and scooping up 541 units in Quebec for $249M…

… and CAPREIT (CAR-U) shedding 368 units for $83M and adding 664 units for $214M across its footprint.

These deals are par for the course though, and won’t get the names moving the way rate cuts or a loosened grip on immigration could.

You might be interested in…

Disclaimer: Content on this site, including research reports, is provided by Bullpen Finance Inc. for informational purposes only and does not constitute investment advice. Bullpen Finance Inc. receives compensation from issuers for research coverage; such compensation does not influence opinions expressed. For complete disclosures, please see our Legal & Disclosures section.