Skyline Apartment REIT Acquires Its Eighth Property in Hamilton, ON
June 30, 2015 - Press Release
On Tuesday, June 30th, 2015, the Skyline Apartment REIT acquired its eighth property in the City of Hamilton, ON. The property at 334 East 14th Street had a purchase price of $9.8 million and has 105 suites. Located close to Highway 403 and the Lincoln Alexander Parkway, the property has several parks, schools, and a hospital and mall nearby. The Apartment REIT now has a total of 934 suites in the City of Hamilton.
The Skyline Apartment REIT currently comprises 145 properties in 46 communities across six provinces, with 12,447 suites and over 643,000 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”), 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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