Skyline Apartment REIT Sells a Property in Montreal, QC
July 17, 2023 - Press Release
[Guelph, Ontario –July 17, 2023]
On July 17, 2023, Skyline Apartment REIT sold a property at 239 Boulevard Deguire, (La Résidence Deguire), Montreal, Quebec.
The property comprises one seven-storey building with 185 residential units in total.
“239 boulevard Deguire, (La Résidence Deguire) was identified in 2023 as appropriate for a strategic disposition,” said Matthew Organ, President, Skyline Apartment REIT.
“We will continue to evaluate the Skyline Apartment REIT portfolio and identify any non-core assets where strategic dispositions can surface further value for our investors.”
Post-disposition, Skyline Apartment REIT comprises 250 properties in 61 communities in seven provinces across Canada, with a total of 22,180 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 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 and other 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 StirlingVice President, Corporate Marketing & Communications, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
519.826.0439 x243
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