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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. The properties purchased are as follows:

IGA Grocery Store

25 Boulevard des Entreprises & 355 Montee Sanche, Boisbriand, QC

IGA Grocery Store

465 Avenue Bethany, Lachute, QC

Tim Horton's restaurant

2139 Rue L’Annonciation Sud, Riviere-Rouge, QC

IGA Grocery Store

10240 & 10250 Chemin Ste. Marguerite, Pointe-du-Lac, QC

McDonald's restaurant with an Ultramar gas station

2424 Rue Mathias & 2683 Boulevard du Royaume, Saguenay, QC

Ultramar gas station

3751-3761 Boulevard du Royaume, Saguenay, QC

Post-acquisition, the Skyline Retail REIT comprises 87 properties in 54 communities across Ontario and Quebec, with over 2.5M square feet of retail space.