Skyline Apartment REIT sells Edmonton, Alberta property

[Guelph, Ontario – May 20, 2025]

On May 20, 2025, Skyline Apartment REIT sold a property at 16255, 16265 & 16275 51 Street Northwest (Brintnell Landing) in Edmonton, Alberta.

“We identified Brintnell Landing at 51 Street Northwest as appropriate for a strategic disposition at the beginning of 2025,” said Matthew Organ, President, Skyline Apartment REIT.

“Post-sale, the REIT continues to have a strong presence in Edmonton, providing 440 residential suites across two properties at Ellerslie Road Southwest and James Mowatt Trail Southwest. We continue to evaluate our properties and identify non-core assets for strategic disposition. We aim to redeploy that capital toward acquisitions that create further investor value by helping to modernize and regionalize our portfolio.”

Post-disposition, Skyline Apartment REIT comprises 232 properties in 53 communities in seven provinces across Canada, with a total of 20,886 residential suites.

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About Skyline

Skyline is a capital management company that acquires, develops, and manages real estate properties and renewable infrastructure assets, and offers them as private alternative investment products.

Skyline currently manages more than $9 billion* in assets across its real estate and renewable infrastructure platforms.

With approximately 1,000 employees across Canada, Skyline works to provide safe, clean, and comfortable places for tenants to call home, great places to do business, sustainable solutions for a greener future, and an engaging experience for its investors.

For more information about Skyline, please visit SkylineGroupOfCompanies.ca.

*As at December 31, 2024

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