CAPREIT Announces May 2019 Distribution

<p align="justify">TORONTO, May 15, 2019 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its May 2019 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The May distribution will be payable on June 17, 2019 to Unitholders of record on May 31, 2019.<br></p>

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