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CDPYF Deferred Policy Acquisition Costs


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What is Canadian Apartment Properties Real Estate Investment Trust Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.

Canadian Apartment Properties Real Estate Investment Trust Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Apartment Properties Real Estate Investment Trust (OTCPK:CDPYF) » Definitions » Deferred Policy Acquisition Costs
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Traded in Other Exchanges
0OJ:Germany CAR.UN:Canada
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Website
https://www.capreit.ca
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.