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Skyline Apartment REIT Acquires 4-Property Portfolio; Enters City of Woodstock, ON

On Thursday, March 30, 2017, the Skyline Apartment REIT acquired a 4-property portfolio across southwestern Ontario. The portfolio's total purchase price was $36.3M, with a total unit count of 440 for the entire portfolio.

67 North Park exterior2

67 North Park Street, Brantford, ON - 68 units

6 16 Willow exterior 2

6 & 16 Willow Road, Guelph, ON - 136 units

185 195 Berkshire exterior2

185 & 195 Berkshire Drive, London, ON - 122 units

560 562 564 Durham exterior2

560, 562 & 564 Durham Crescent, Woodstock, ON - 114 units

This is Skyline's first property in the city of Woodstock.

Post-acquisition, the Skyline Apartment REIT comprises 186 properties in 49 communities across 6 provinces, with 16,754 units.