{"id":74577,"date":"2023-09-20T15:24:01","date_gmt":"2023-09-20T19:24:01","guid":{"rendered":"https:\/\/www.skylinegroupofcompanies.ca\/?p=74577"},"modified":"2024-04-23T10:20:18","modified_gmt":"2024-04-23T14:20:18","slug":"ce-qui-explique-le-rendement-eleve-des-placements-dans-les-appartements","status":"publish","type":"post","link":"https:\/\/www.skylinegroupofcompanies.ca\/fr\/news-fr\/ce-qui-explique-le-rendement-eleve-des-placements-dans-les-appartements\/","title":{"rendered":"Ce qui explique le rendement \u00e9lev\u00e9 des placements dans les appartements"},"content":{"rendered":"

Le 20 septembre 2023 \u2013 Guelph (Ontario)<\/p>\n

Matthew\u202fOrgan<\/a>, pr\u00e9sident de Skyline Apartment REIT<\/a>, a r\u00e9cemment fait l\u2019objet d\u2019un article publi\u00e9 sur Advisor\u2019s Edge (Advisor.ca) et Investment Executive (InvestmentExecutive.com).<\/p>\n

L\u2019article porte sur les rendements de Skyline Apartment REIT<\/abbr>, qui sont stables et historiquement \u00e9lev\u00e9s gr\u00e2ce \u00e0 une demande croissante et \u00e0 une offre limit\u00e9e dans le secteur du logement locatif. L\u2019article souligne \u00e9galement la strat\u00e9gie du FPI, qui consiste \u00e0 acqu\u00e9rir des propri\u00e9t\u00e9s sur les march\u00e9s secondaires et tertiaires, o\u00f9 il peut b\u00e9n\u00e9ficier de la demande tout en se heurtant \u00e0 moins de concurrence de la part des acheteurs et des constructeurs.<\/p>\n

L\u2019article ci-dessous est une reproduction de la publication originale sur le site InvestmentExecutive.com.<\/a><\/p>\n

What\u2019s driving strong returns for apartments?<\/h1>\n

With rising demand and tight supply, multi-residential real estate may deliver predictability, consistency, and stability to investment portfolios.<\/h2>\n

Canada set new records<\/a> for immigration in 2021 and 2022, with a goal to add<\/a> 465,000 permanent residents in 2023; 485,000 in 2024; and 500,000 in 2025. While the government says this is meeting nearly all of Canada\u2019s growing labour needs, housing capacity isn\u2019t keeping up \u2014 and high demand for housing is boosting investor interest in multi-residential investment opportunities.<\/p>\n

\u201cWe\u2019re about 500,000 homes short in Ontario alone,\u201d says Matthew Organ, President of Skyline Apartment REIT, a Canadian private investment trust specializing in multi-residential real estate. \u201cA report<\/a> from a research company based at the University of Ottawa projects we will need 1.5 million homes constructed by 2031 to meet Ontario\u2019s housing demand. So, the reality is that over the next decade, we\u2019re going to remain in a housing shortage in this country, and that is fuelling the demand for any form of housing \u2014 but especially multi-residential, because it\u2019s generally the most affordable.\u201d<\/p><\/blockquote>\n

The 244 properties owned by Skyline Apartment REIT have a fair market value of $4.83 billion as at June 30, 2023. In total, they comprise 22,436 units diversified across 60 communities in seven provinces with an average monthly rent of $1,330. The REIT, which boasts a 14.51% three-year annualized return as at June 30, 2023,1<\/sup> focuses on secondary and tertiary markets and holds a mix of established properties and new developments. Its historical performance record shows stability, with consistent monthly revenue and increasing rents leading to a steady flow of distributions to investors.<\/p>\n

On the construction front, Organ favours partnerships with development-friendly municipal governments.<\/p>\n

\u201cThe longer you have a piece of land tied up to get through zoning requirements, you\u2019re sitting on something that isn\u2019t producing any income, and, at the end of the day, the cost of the whole project increases,\u201d he says \u201cWe\u2019re generally looking for municipalities that are willing to work with us to get that development across the line faster.\u201d<\/p><\/blockquote>\n

For Organ, successfully maintaining a positive relationship with a municipality means Skyline Apartment REIT has a higher likelihood of engaging in additional new development opportunities there. While it evaluates opportunities to enhance its presence in markets where it is established, the REIT also looks to enter new markets.<\/p>\n

Buy what you know<\/h2>\n

For Organ, it makes sense to buy and build in secondary and tertiary markets, in part because there\u2019s less competition from public REITs in those communities.<\/p>\n

In addition, as experienced specialists in these markets, the Skyline Apartment REIT team draws from a deep knowledge base that enables them to identify the best opportunities. For example, they\u2019re attuned to the trend of retired farmers planning to move to small towns but seeking an alternative to decades-old apartments. In larger secondary cities such as Windsor, Ontario, Organ says it\u2019s equally critical to understand each particular market and know what\u2019s fuelling demand in order to add what\u2019s needed to the supply.<\/p>\n

When considering a property acquisition, the typical \u201csweet spot\u201d for the REIT is around four storeys, with anywhere between 50 and 500 units.<\/p>\n

\u201cWe have a fairly extensive CapEx program,\u201d says Organ. \u201cWhen we purchase a property, we go through a comprehensive evaluation. For an older property, in addition to hallway or common-area renovations, it may need [work on] other aspects like the balconies, the roof, or the elevator.\u201d<\/p><\/blockquote>\n

The REIT continues ongoing investment in its existing real estate holdings \u2014 for example, by adding EV chargers to many of its buildings.<\/p>\n

\u201cWe\u2019re looking five to 10 years down the road, thinking, if we can\u2019t offer electric charging for vehicles, our tenants will move on to the next place that will,\u201d Organ explains.<\/p><\/blockquote>\n

The goal is to get everything up to a modern-day standard to attract the next tenant, generating income and value growth for unitholders.<\/p>\n

Prepared for further rate hikes<\/h2>\n

According to Organ, the multi-residential housing market\u2019s predictability, consistency, and stability\u2014due to its strong demand projected well into the future\u2014are likely its primary attractors for investors. Rising interest rates further support demand for apartments by making it more difficult for homebuyers to purchase property \u2014 and variable mortgage rates<\/a> are up from a low of 1.26% in December 2021 to more than 6% in August 2023.<\/p>\n

Of course, rising interest rates affect Skyline Apartment REIT, too. However, Organ notes the portfolio\u2019s mortgages are staggered, positioning the REIT to avoid having a significant portion of the debt mature in any one year.<\/p>\n

\u201cFrom an investment standpoint, the demand for apartments is not going away,\u201d he says. \u201cWe see that in our mark-to-market rent gap. Every time we turn over a suite, we\u2019re able to capture more rent and still stay within what would be considered a reasonably affordable living accommodation in Canada.\u201d<\/p><\/blockquote>\n

1<\/sup> The performance quoted represents the 3-year annualized return. Skyline Apartment REIT\u2019s annualized returns including other periods are 10.46% 1-year, 14.51% 3-year, 17.74% 5-year, 14.69% 10-year, and 14.40% since inception on June 1, 2006. All of Skyline Apartment REIT\u2019s numbers are as at June 30, 2023.<\/p>\n

Avis\u202f:<\/p>\n

Skyline Wealth Management Inc. (\u00ab\u202fSkyline Wealth Management\u202f\u00bb) est un courtier sur le march\u00e9 dispens\u00e9 inscrit dans les provinces du Canada et sur le territoire du Nunavut. Le contenu du pr\u00e9sent document est fourni \u00e0 titre d\u2019information g\u00e9n\u00e9rale seulement et ne constitue pas une offre de titres. La vente de participations dans des placements offerts par Skyline Wealth Management est r\u00e9serv\u00e9e \u00e0 certains investisseurs admissibles conform\u00e9ment aux exigences r\u00e9glementaires et aux dispenses en vigueur.<\/p>\n

Les placements dans des produits sur le march\u00e9 non r\u00e9glement\u00e9 peuvent \u00eatre assortis de commissions, de commissions de suivi, de frais de gestion et d\u2019autres charges. Veuillez lire la notice d\u2019offre confidentielle avant d\u2019investir. Il n\u2019existe aucun march\u00e9 actif sur lequel les titres peuvent \u00eatre vendus, et les demandes de rachat peuvent \u00eatre soumises \u00e0 des limites mensuelles. Les produits du march\u00e9 dispens\u00e9 ne sont pas garantis, leur valeur fluctue fr\u00e9quemment, et leur rendement pass\u00e9 n\u2019est pas indicatif de leur rendement futur. Rien dans ce document ne doit \u00eatre interpr\u00e9t\u00e9 comme un conseil juridique, fiscal ou comptable ni un conseil sur la r\u00e9glementation ou les placements. Les investisseurs \u00e9ventuels doivent proc\u00e9der \u00e0 une \u00e9valuation ind\u00e9pendante de ces questions avec leurs propres conseillers professionnels.<\/p>\n

Certains produits de placement offerts par Skyline Wealth Management proviennent d\u2019\u00e9metteurs reli\u00e9s. La liste compl\u00e8te des \u00e9metteurs reli\u00e9s de Skyline Wealth Management ainsi que des renseignements sur leurs relations sont offerts sur demande.<\/p>\n

Les renseignements contenus dans le pr\u00e9sent document sont diffus\u00e9s au nom de l\u2019\u00e9metteur par Skyline Wealth Management Inc. (\u00ab\u202fSkyline Wealth Management\u202f\u00bb) et sont valides \u00e0 la date de leur publication. Skyline Wealth Management ne s\u2019engage pas \u00e0 informer le lecteur de tout changement qui pourrait y \u00eatre apport\u00e9. Les opinions et les d\u00e9clarations dans le pr\u00e9sent document appartiennent \u00e0 l\u2019\u00e9metteur et ne refl\u00e8tent pas n\u00e9cessairement le point de vue de Skyline Wealth Management. Skyline Wealth Management n\u2019a pris aucune mesure pour v\u00e9rifier l\u2019exactitude ou l\u2019exhaustivit\u00e9 des renseignements contenus dans le pr\u00e9sent document.<\/p>\n

Au sujet de Skyline Apartment REIT<\/h2>\n

Skyline Apartment REIT (le \u00ab\u202fFPI\u202f\u00bb) est un portefeuille principalement compos\u00e9 d\u2019immeubles collectifs r\u00e9sidentiels, d\u00e9tenu et g\u00e9r\u00e9 par des int\u00e9r\u00eats priv\u00e9s, qui s\u2019emploie \u00e0 acqu\u00e9rir de nouvelles constructions ou des projets existants sur les march\u00e9s secondaires et tertiaires au Canada.<\/p>\n

\u00c0 titre de produits de placement non traditionnels, les parts de Skyline Apartment REIT sont distribu\u00e9es par l\u2019interm\u00e9diaire de Skyline Wealth Management Inc. (\u00ab\u202fSkyline Wealth Management\u202f\u00bb), le courtier sur le march\u00e9 dispens\u00e9 privil\u00e9gi\u00e9 du FPI. Elles sont \u00e9galement offertes par l\u2019interm\u00e9diaire de Fundserv (code\u202f: SKY2006).<\/p>\n

Skyline Apartment REIT s\u2019engage \u00e0 offrir \u00e0 ses locataires r\u00e9sidentiels des logements de qualit\u00e9 et un service exceptionnel tout en saisissant de bonnes occasions et en g\u00e9n\u00e9rant des rendements stables pour ses investisseurs.<\/p>\n

Pour en savoir plus sur Skyline Apartment REIT, rendez-vous sur le site SkylineApartmentREIT.ca.<\/a><\/p>\n

Pour en savoir plus sur les produits de placement non traditionnels offerts par l\u2019interm\u00e9diaire de Skyline Wealth Management, rendez-vous sur le site SkylineWealth.ca.<\/a>
\nSkyline Apartment REIT est g\u00e9r\u00e9 et exploit\u00e9 par Skyline Group of Companies.<\/a><\/p>\n

Au sujet de Skyline Wealth Management<\/h2>\n

Skyline Wealth Management Inc. (\u00ab\u202fSkyline\u202fWealth\u202f\u00bb) est une soci\u00e9t\u00e9 de placement canadienne qui propose une gamme de produits de placement non traditionnels d\u00e9tenus et g\u00e9r\u00e9s par des int\u00e9r\u00eats priv\u00e9s et sp\u00e9cialis\u00e9s dans les biens immobiliers et d\u2019\u00e9nergie propre.<\/p>\n

Skyline\u202fWealth est le courtier sur le march\u00e9 dispens\u00e9 privil\u00e9gi\u00e9 de quatre produits de placement non traditionnels\u202f:<\/p>\n