TORONTO, ONTARIO--(Marketwire - April 16, 2012) - Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX:CAR.UN) announced today it will issue its financial results for the three months ended March 31, 2012 after the market closes on:

A conference call hosted by Thomas Schwartz, President and Chief Executive Officer and Scott Cryer, Chief Financial Officer will be held on:

A slide presentation to accompany management's comments during the conference call will be available an hour and a half prior to the conference call. To view the slides, access the CAPREIT website at [ www.capreit.net ], click on "Investor Relations" and follow the link at the top of the page. Please log on at least 15 minutes before the call commences.

The telephone numbers to listen to the call after it is completed (Instant Replay) are local/international (905) 694-9451 or North American toll free (800) 408-3053. The Passcode for the Instant Replay is 9025605#. The Instant Replay will be available until midnight, May 17, 2012. The call and accompanying slides will also be archived on the CAPREIT website at [ www.capreit.net ]. For more information about CAPREIT, its business and its investment highlights, please refer to our website at [ www.capreit.net ].

ANNUAL UNITHOLDERS MEETING

CAPREIT will hold its 2011 Annual Meeting of Unitholders at 4.30 pm EDT on Wednesday May 16, 2012 at the 1 King West Hotel, 1 King Street West, Toronto, Ontario.

Publication Contributing Sources

• Market Wire