Skyline Retail REIT Purchases 6-Property Portfolio in QC
November 17, 2017 - Property Acquisitions
On Friday, November 17th, 2017, the Skyline Retail REIT purchased a six-property portfolio in the province of Quebec. The portfolio was purchased for $38.8M and comprises 129,137 square feet of retail space, with Sobeys (IGA and Ultramar Gas), Tim Hortons, and McDonalds as anchor tenants. In acquiring the portfolio, the Retail REIT has moved into an additional five communities in Quebec.
- 25 Boulevard des Entreprises & 355 Montee Sanche, Boisbriand, QC
- 465 Avenue Bethany, Lachute, QC
- 2139 Rue L’Annonciation Sud, Riviere-Rouge, QC
- 10240 & 10250 Chemin Ste. Marguerite, Pointe-du-Lac, QC
- 2424 Rue Mathias & 2683 Boulevard du Royaume, Saguenay, QC
- 3751-3761 Boulevard du Royaume, Saguenay, QC
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 exclusive 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:
Director of Marketing, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
(519) 826-0439(519) 826-0439 x 243
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