[Guelph, Ontario – June 12, 2023]
On June 12, 2023, Skyline Retail REIT purchased a retail property at 3110 Rue Henri-L.-Chevrette, Saint-Félix-de-Valois, Quebec. The property totals 19,310 square feet and is currently occupied by Giant Tiger.
This is Skyline Retail REIT’s second property in Saint-Félix-de-Valois and is adjacent to its existing multi-tenant retail property located at 3080-3110 Rue Henri-L.-Chevrette and 5371 Chemin Saint-Jean.
“Skyline Retail REIT is pleased to announce the acquisition of another property in Saint-Felix-de-Valois,” said Gordon Driedger, President, Skyline Retail REIT.
“The REIT continues to be well-positioned to capitalize on market demand and growth opportunities. This acquisition aligns with our strategy to create a strong, resilient portfolio that delivers sustainable value and growth for years to come.”
Post-acquisition, the REIT now comprises 118 properties in 71 communities in 5 provinces across Canada, with a total of 5,482,104 square feet of retail space.
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 Management”), the preferred Exempt Market Dealer for the REIT. It is also available on Fundserv (Code: SKY2013).
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 more about Skyline Retail REIT, please visit SkylineRetailREIT.ca.
To learn about additional alternative investment products offered through Skyline Wealth Management, please visit SkylineWealth.ca.
Skyline Retail REIT is operated and managed by Skyline Group of Companies.