Investor News

Guelph, ON (Dec 3, 2012) – The end of Movember was both a somber and relieving time for the Skyline Group of Companies, as clean-shaven faces replaced the fancy facial landscaping that had become familiar over the weeks. Before letting the fur fly, the Skyline MO Bros took the time to get their Movember mug shots taken, to be entered as contestants in the annual Skyline Movember MOscars.      

November 30, 2012 - Skyline Apartment REIT recently completed the acquisition of a property in Tecumseh, Ontario. On November 28th, the 50-unit building, located at 11886 Tecumseh Road East, had a total purchase price of $3.3 million. This seniors-oriented building is located directly across the street from the REIT’s other Tecumseh asset. The acquisition adds and strengthens to the REIT’s current Tecumseh holdings, now increased to two properties with a total of 199 units in the city.

November 30, 2012 - On Monday, November 26th, Skyline Group of Companies merged both of its offices together in their relocation to the Gummer Building at 5 Douglas Street in downtown Guelph.

November 12, 2012 - The Acquisitions Team has completed the acquisition of four more properties for the Skyline Apartment REIT.

Guelph, ON (November 7, 2012) – This month, Apartment and Commercial portfolios aren’t the only things growing at Skyline. The company is once again cutting “clean-shaven” out of its vocabulary as it commits to Movember, a month-long campaign driven to “change the face” of men’s health.

November 2012 - Business Venture by Heather Grummett Reconstruction of the downtown Gummer Building is nearing completion, with tenants scheduled to move in for December.

Guelph, ON (October 31, 2012) - The Skyline Group of Companies set a company record this week by purchasing a $120 million commercial portfolio for the Skyline Commercial REIT; just the first phase of a two-phased acquisition with a total price tag of  approximately  $242 million. 

October 30, 2012 -  As promised, the Acquisitions Team has been hard at work the last couple of weeks completing the acquisition of another property for the Skyline Apartment REIT. 

October 18, 2012 - If you have been considering investing in the Skyline Commercial REIT, there is still time to get in for our next trade date on October 26th.  Don’t miss out on the opportunity to get in at the ground level with this unique commercial investment. 

Guelph, ON – Although the third quarter of 2012 has come to an end, the Acquisitions Team is in full swing as they continue to ramp up their efforts expecting to add an additional 550 residential units to the Skyline Apartment REIT before year-end, and that number could very well grow between now and then.   In fact, in the last week alone, the REIT acquired three new properties, growing the portfolio by another 290 residential suites.