03:13 PM EST - Canadian Apartment Properties Real Estate Investme : has amended its previously-announced agreement with Irish Residential Properties REIT plc. In lieu of the previously-announced contract extension, CAPREIT will now receive an underwriting fee of 1.0% of the purchase price of any assets acquired by CAPREIT under the Pipeline Agreement at such time as the assets are acquired by I-RES. The Pipeline Agreement remains subject to the approval of I- RES shareholders. Canadian Apartment Properties Real Estate Investment Trust
units T.CAR.UN are trading down $0.73 at $27.49.