Skyline Apartment REIT Purchases 6th Cambridge, ON Property
November 16, 2015 - Press Release
On Monday, November 16th, 2015, the Skyline Apartment REIT purchased its sixth property in the City of Cambridge, ON. The property at 202 Hespeler Road was purchased for $7.4 million and comprises 62 suites.
Post-acquisition, the Skyline Apartment REIT comprises 172 properties in 46 communities across Canada, with 15,066 suites.
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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