Skyline Apartment REIT Acquires Second Property in Tillsonburg, Ontario
April 28, 2017 - Press Release
On April 28th, 2017, the Skyline Apartment REIT acquired its second property in the town of Tillsonburg, Ontario. The property at 148 Concession Street East was purchased for $4.1M, and has 47 units, bringing Skyline Apartment REIT’s total unit count in Tillsonburg to 146.
Post-acquisition, the Skyline Apartment REIT comprises 188 properties in 49 communities across six provinces (Ontario, Saskatchewan, Newfoundland and Labrador, Québec, Alberta, British Columbia), with a total unit count of 16,868.
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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