On Friday, July 31st, 2015, the Skyline Retail REIT acquired its first property in the town of Listowel, ON. The property at 210 Wallace Avenue North was purchased for $6.35M and includes 13,514 square feet of commercial space, with Shoppers Drug Mart as the tenant.
Listowel is the Skyline Retail REIT’s 30th Ontario community. The Retail REIT currently comprises 43 properties across these communities, with over 1.2 million square feet of commercial space.
About Skyline Retail REIT
Skyline Retail REIT (the “REIT”) is a privately owned and managed portfolio of retail properties, focused on acquiring well-located properties with service-oriented, national brand tenants in secondary and tertiary communities across Canada.
Skyline Retail REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the preferred Exempt Market Dealer for the REIT.
Skyline Retail REIT is committed to providing outstanding places to conduct business and services. It prioritises superior service to its retail tenants while surfacing value with a goal to deliver stable returns to its investors.
To learn about additional alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca.
Skyline Retail REIT is operated and managed by Skyline Group of Companies.
For media inquiries, please contact:Jeff Stirling
Vice President, Corporate Marketing & Communications, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8