Investing101.ca, an anonymous blog that began in January 2013, explores both public and private investing, often with a favourable eye on private REITs. The blog’s author has noted Skyline Apartment REIT several times in its posts, mentioning Skyline’s unit upgrades as an example of adding value to an apartment portfolio, its compounded annualized returns (since inception in 2006) of over 17%, and an interesting side-by-side comparison of Skyline Apartment REIT’s growth and that of Canadian Apartment Properties (CAP) REIT, currently Canada’s largest owner and manager of multi-residential properties.
Skyline Apartment REIT CEO and Co-Founder Jason Castellan notes, “To be lined up directly with the largest public residential REIT in Canada is a compliment to us. With respect to volatility, the comparison certainly shows the differences in public and private REIT investing. The blog’s growth chart even layers in the distributions through a DRIP plan, showing how quickly an investment can grow if investors choose to re-invest their distributions. Essentially, this article is a visual snapshot of Skyline Apartment REIT’s greatest strength – its lack of correlation to the volatile public market. Our steady growth is what gives our investors peace of mind.”
A chart from Investing101.ca depicting Skyline Apartment REIT’s growth since inception in 2006.
A chart from investing101.ca depicting CAPREIT’s growth over the same period of time