Skyline Apartment REIT Acquires Luxury Apartment Building in Red Deer, Alberta
August 15, 2016 - Press Release
On Monday, August 15th, the Skyline Apartment REIT acquired a 232-unit luxury apartment building in Red Deer, Alberta. The “Vanier Woods” property at 39 Van Slyke Way was purchased for $41.8M, and is located in the southeast Vanier Woods neighbourhood of Red Deer.
This property is Skyline’s fourth in the province of AB.
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:
Skyline5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
media@skylinegrp.ca
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