Skyline Apartment REIT Grows Twice in Less Than a Month!
May 3, 2012 - Press Release
After recently announcing Skyline Apartment REIT’s first acquisition of 2012, the REIT has already acquired its second property this year. Located at 310 Clyde Road in Cambridge, Ontario, this 39-unit building is the REIT’s 104th property. The building was purchased for just over $2.8 million and complements our existing portfolio in this city quite well. The Skyline Apartment REIT’s overall portfolio is now made up of 7,615 apartment units, over 750,000 square feet of commercial space and spans across 38 Canadian communities.
To learn more about investment opportunities within Skyline Apartment REIT, please contact the Skyline Wealth Management Inc. Investor Relations team directly at 1.888.977.REIT(7348) or send an email. This investment is available to Accredited Investors only or to those who are otherwise exempt. Past performance is not an indicator of future performance.
About Skyline Apartment REIT
Skyline Apartment REIT (the “REIT”) is a privately owned and managed portfolio of primarily multi-residential properties, focused on acquiring both established and newly developed properties in secondary and tertiary communities across Canada.
Skyline Apartment REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the preferred Exempt Market Dealer for the REIT. It is also available on Fundserv (Code: RBS2400).
Skyline Apartment REIT is committed to providing best in class apartment suites and service to its residential tenants, while surfacing value with a goal to deliver stable returns to its investors.
To learn about additional alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca.
Skyline Apartment REIT is operated and managed by Skyline Group of Companies.
For media inquiries, please contact:Jeff Stirling
Vice President, Corporate Marketing & Communications, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
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