Skyline Apartment REIT Acquires New Hamilton, Ontario Property
December 10, 2014 - Press Release
On Wednesday, December 10th, 2014, the Skyline Apartment REIT acquired its seventh property in Hamilton, Ontario at 1854 & 1856 Main Street West. The property has 154 units and had a total purchase price of $13.86 million. Skyline Apartment REIT now has over 800 apartment suites in the City of Hamilton.
The Skyline Apartment REIT currently comprises 138 properties in 41 communities in 4 provinces, with 11,238 suites and over 650,000 square feet of commercial space.
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 Management”), 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, please visit SkylineApartmentREIT.ca.
To learn more about Skyline Apartment REIT and other alternative investment products offered through Skyline Wealth Management, please visit SkylineWealth.ca.
Skyline Apartment REIT is operated and managed by Skyline Group of Companies.
For media inquiries, please contact:
Cindy BeverlyVice President, Marketing & Communications
Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, Ontario N1H 2S8
cbeverly@skylinegrp.ca
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