Skyline Apartment REIT sells Carlsie Tower in Windsor, ON

January 15, 2026 - Press Release

[Guelph, ON – January 14, 2026]

On January 14, 2026, Skyline Apartment REIT sold a 34-suite property at 1071 McDougall Street (Carlsie Tower) in Windsor, ON.

“Our decision to sell Carlsie Tower in Windsor reflects our ongoing commitment to optimizing the REIT portfolio,” said Matthew Organ, Skyline Apartment REIT.

“In 2025, we recognized the property as an asset that no longer aligns with the REIT’s long-term strategy. Following the sale, Windsor remains one of our key long-term growth markets, and the REIT maintains a large presence in the city with 31 properties and 2,254 suites. As always, we will continue to carefully assess our portfolio and identify opportunities to create further investor value.”

Post-disposition, Skyline Apartment REIT comprises 230 properties in 51 communities in six provinces across Canada, with a total of 20,457 residential suites.

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 $10 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.

*Includes all Skyline entities under common management and control. As at September 30, 2025.

For media inquiries, please contact:

Cindy Beverly
Vice President, Marketing & Communications
Skyline
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
cbeverly@skylinegrp.ca

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Disclaimer

The information provided on this website is for general information purposes only and is derived from sources that Skyline Apartment REIT believes are reliable. This website does not constitute an offer of, or solicitation for, the purchase and sale of any securities under any circumstances. Please read the confidential offering documents before investing, as they contain important information on fees and risk factor. Nothing herein should be construed as investment, legal, tax, regulatory or accounting advice.