Skyline Retail REIT Purchases 2 Buildings in Fergus, Ontario
March 26, 2018 - Property Acquisitions
On April 26th, 2018, the Skyline Retail REIT purchased a property of two buildings in Fergus, Ontario. This acquisition, valued at $12.1M, is Skyline’s first retail property in the township. The portfolio consists of approximately 84,000 square feet of retail space, with Giant Tiger, Dollarama, Pet Valu, Mark’s Work Wearhouse and Habitat For Humanity as anchor tenants.
In addition to 878-894 & 900 Tower St. South, Skyline Apartment REIT currently owns 3 residential properties with 429 suites in Fergus.
Post-acquisition, the Skyline Retail REIT comprises 86 properties in 54 communities across Ontario and Quebec.
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:
Jeff Stirling
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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