Skyline Apartment REIT Sells Three Properties in Greater Moncton Area
March 23, 2026 - Press Release
[Guelph, Ontario – March 23, 2026]
On March 23, 2026, Skyline Apartment REIT sold three properties in the Greater Moncton Area, New Brunswick, totalling 678 suites:
- 25, 35 & 55 Primrose Lane (La Chaussee), Dieppe, NB
- 150-260 Mapleton Road & 22-35 Fairlane Drive (Chateau Mapleton & Mapleton Village), Moncton, NB
- 190 & 196 Carson Drive (Mapleton Estates), Moncton, NB
With the disposition of its Greater Moncton Area portfolio, the REIT is exiting the province of New Brunswick. It maintains a presence in British Columbia, Manitoba, Ontario, Quebec, and Nova Scotia.
“The sale of our Greater Moncton Area properties is part of our ongoing work to refine the REIT portfolio and focus on key Canadian markets that offer strong growth potential and support long-term performance,” said Matthew Organ, President, Skyline Apartment REIT.
“As we exit New Brunswick, we are thankful to the province and to the cities of Dieppe and Moncton for their support throughout our eight years of business in the area. We remain committed to evaluating opportunities for thoughtful portfolio refinement that benefits our investors.”
Post-disposition, Skyline Apartment REIT comprises 227 properties in 49 communities in five provinces across Canada, with a total of 19,849 residential suites.
Skyline Apartment REIT is one of Canada’s leading private multi-residential real estate portfolios, aiming to provide steady returns and investment appreciation. Find out more about investing in Skyline Apartment REIT.
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 March 31, 2026.
For media inquiries, please contact:
Cindy BeverlyVice President, Marketing & Communications
Skyline
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
cbeverly@skylinegrp.ca
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