[Guelph, ON – October 15, 2019]
On October 11, 2019, Skyline Apartment REIT, a privately-owned and managed portfolio of multi-residential properties across Canada, announced the sale of three properties in Ridgetown, ON:
- 10 James Lane, Ridgetown, ON
- 16 Marsh Street, Ridgetown, ON
- 45 Victoria Avenue, Ridgetown, ON
The properties are comprised of three buildings with 109 suites. The total sale price was $10.37 million.
Introduced in 2006, Skyline Apartment REIT is fully-managed and operated by the Skyline Group of Companies, a Guelph, ON-based real estate acquisitions, management, and investment firm.
Post-disposition, the Skyline Apartment REIT comprises 203 properties in 56 communities across 8 provinces – ON, SK, NB, QC, AB, BC, NS, MB – with 17,871 units and 655,178 square feet of commercial space.
Press releases are disseminated by Skyline Wealth Management Inc. (“Skyline Wealth”) on behalf of the Issuer as at the date of publication. Skyline Wealth does not undertake to advise the reader of any changes. Skyline Wealth has not taken any steps to verify accuracy. Some of the investment products offered by Skyline Wealth are from related issuers. A full list of issuers related to Skyline Wealth and details of the relationship between them is available upon request.