Skyline Apartment REIT Acquires Additional Fergus, Ontario Property
April 27, 2017 - Press Release
On April 27, 2017, the Skyline Apartment REIT purchased its third property in the town of Fergus, Ontario. The property at 250 Queen Street East was purchased for $8.1M and has a total of 67 units, bringing Skyline Apartment REIT’s total unit count in Fergus to 292.
Post-acquisition, the Skyline Apartment REIT comprises 187 properties in 49 communities across six provinces (Ontario, Saskatchewan, Newfoundland and Labrador, Québec, Alberta and British Columbia). Its total unit count is now 16,821.
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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