Capreit Rental Agreement

Certain statements contained in this press release or contained in reference documents constitute forward-looking information within the meaning of securities law. Forward-looking information may relate to CAPREIT`s future prospects and expected events or results, and may include information on future financial situation, business strategy, budgets, litigation, occupancy rates, productivity, cost projections, investment opportunities, development and development opportunities, financial results, taxation, plans and objectives of CAPREIT. In particular, statements about CAPREIT`s future results, performance, performance, outlook, costs, opportunities and financial outlook, including statements on acquisition and investment strategies and the real estate sector in general, are forward-looking statements. In some cases, forward-looking information may be identified by terms such as “may,” “wants,” “should,” “wait,” “plan,” “anticipate,” “believe,” “likely,” “probable,” “potential,” “further” or negative expressions of it or similar expressions that are not historical facts. Forward-looking statements are based on certain factors and assumptions regarding expected growth, results of operations, performance and business outlook, and opportunities. In addition, some concrete assumptions were used in the preparation of forward-looking information, including: the Canadian, Irish, Dutch, German and Belgian economies in general will experience growth that could, however, be affected by the global economy; inflation will remain low; that interest rates will remain low in the medium term; That Canada Mortgage and Housing Corporation (“CMHC”) mortgage insurance will remain available and that a sufficient number of lenders will participate in the CMHC mortgage program to ensure competitive interest rates; Canadian capital markets will continue to provide CAPREIT with access to equity and/or debt at reasonable interest rates; CAPREIT real estate vacancy rates meet historical standards; that, in the event of an extension, rent prices will rise to a level similar to that of the inflation rate; That rental prices for sales will increase; CAPREIT will effectively manage price pressure on its energy consumption; and with respect to CAPREIT`s financial outlook for capital investments, assumptions that take into account projected construction and equipment costs, trade availability, costs and availability of financing, CAPREIT`s investment priorities, the real estate in which the investments are made, the composition of the real estate portfolio and the likely return on capital investments. While the forward-looking statements contained in this press release are based on assumptions, management believes that they are appropriate at the time of this press release; However, it is not clear whether actual results are consistent with these forward-looking statements and that they prove to be incorrect. Forward-looking statements necessarily involve known and unknown risks and uncertainties, many of which are outside CAPREIT`s control area, which may cause CAPREIT`s actual results, achievements, prospects, prospects and outlook to differ materially from those expressed or implied in such forward-looking statements in future periods.

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