Investing101.ca Highlights Skyline Apartment REIT’s Steady Growth; Compares Favourably to Volatile Public Markets
September 3, 2013 - Press Release
A chart from Investing101.ca depicting Skyline Apartment REIT’s growth since inception in 2006.
A chart from investing101.ca depicting CAPREIT’s growth over the same period of time.
Investing101.ca, an anonymous blog that began in January 2013, explores both public and private investing, often with a favourable eye on private REITs. The blog’s author has noted Skyline Apartment REIT several times in its posts, mentioning Skyline’s unit upgrades as an example of adding value to an apartment portfolio, its compounded annualized returns (since inception in 2006) of over 17%, and an interesting side-by-side comparison of Skyline Apartment REIT’s growth and that of Canadian Apartment Properties (CAP) REIT, currently Canada’s largest owner and manager of multi-residential properties.
Skyline Apartment REIT CEO and Co-Founder Jason Castellan notes, “To be lined up directly with the largest public residential REIT in Canada is a compliment to us. With respect to volatility, the comparison certainly shows the differences in public and private REIT investing. The blog’s growth chart even layers in the distributions through a DRIP plan, showing how quickly an investment can grow if investors choose to re-invest their distributions. Essentially, this article is a visual snapshot of Skyline Apartment REIT’s greatest strength – its lack of correlation to the volatile public market. Our steady growth is what gives our investors peace of mind.”
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 exclusive Exempt Market Dealer for the REIT.
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 more about Skyline Apartment REIT and other 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:
Director of Marketing, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
(519) 826-0439(519) 826-0439 x 243
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