On Wednesday, February 11, 2015, The Skyline Retail REIT purchased its first property in Wingham, ON. The property at 33 & 55 Josephine Street houses a Tim Hortons, Valu-Mart grocery store, Rexall PharmaPlus, BMO and KFC. It had a total purchase price of $7.2M and totals 38,162 square feet of retail space.
The Skyline Retail REIT currently comprises 40 properties in 28 communities across Ontario, with 1.1 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