News & Media
Skyline Apartment REIT sells office property in Guelph, Ontario
On December 20, 2024, Skyline Apartment REIT sold a property at 70 Fountain Street East in Guelph.
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The Globe and Mail: Five Reasons REITs are Sitting Pretty for a Breakout Year
They represent only a fraction of Canada's publicly traded companies, but 2010 is shaping up as the Year of the Real Estate Investment Trust for investors seeking higher yields.
Tax-Free Savings Account (TFSA)
In 2009, the Federal government established the Tax Free Savings Accounts (TFSAs) for individuals.
Canadian Real Estate Magazine: Investing in REITs
REITs are quickly gaining momentum as an alternative option to stay active in the real estate game because they can provide reasonable and even lower risk investment opportunities than going it alone. Kit Kadlec outlines what you need to consider before attempting this strategy.
Business Niagara Magazine, Winter 2009 – Skyline CEO Jason Castellan Shares Words of Wisdom
"Self-directed investing means grabbing the bull by the horns. Yes, it is a metaphorical bull that is symbolic of your investments and overall financial well-being, but if left up to someone else to manage, you might be the one left seeing red. Be wise and build your wealth by investing in assets that you can touch and feel, like apartment buildings.
Canadian Real Estate Magazine: Investing in REITs in 2010
Long called one of the most stable and effortless long-term asset classes, experts are suggesting investing your RSPs in a Real Estate Investment Trust (REIT) in the coming year.
Skyline Apartment REIT Acquires Kingston, ON Portfolio
Kingston, ON, November 9th, 2009 - Skyline Apartment REIT of Guelph, Ontario announced today, the new acquisition of a $26.9 million multi-residential portfolio in Kingston, Ontario. This will compliment Skyline’s existing multi-residential and commercial real estate portfolio that is now made up of 89 properties in 33 communities, spread out across four Canadian provinces.
Guelph Mercury: Investing for Income
Do you own your home and work hard to make wise financial decisions in order to create security for today and for tomorrow? Do you still wonder how you could earn a little extra income without having to get another job?
Skyline Apartment REIT Acquires Thunder Bay, ON Property
Skyline Incorporated of Guelph, Ontario announced June 10, 2009, the close of a $4.5 million portfolio acquisition in Thunder Bay, Ontario adding to its existing multi-residential and commercial real estate portfolio. This acquisition brings the Skyline Apartment REIT’s current market value to $455 million.
Private REIT Doing Well
There’s been a lot of talk about real estate in recent months. From the sub prime melt down to unrest in the financial markets, real estate seems to be at the center of most discussions. So does this mean real estate is a bad investment? “Not in all cases, certainly not the private REIT market,” says Jason Castellan, CEO of Guelph-based Skyline Apartment REIT.
Real Estate Investment Trusts (REITs) Offer Investors Stable Monthly Cash Flow
In times of economic uncertainty, investing your money in an investment that generates monthly income can be a sound strategy. One way to do this is to invest in an income investment such as a real estate investment trust (REIT).
Invest in Apartments Without Becoming a Landlord
Have you ever thought about owning a rental property but resisted? Or perhaps you already own rental properties but you don’t have the time to expand your holdings.
Skyline Apartment REIT Caps off Impressive Year with Massive Acquisition
Guelph-based Skyline is pleased to announce that it has completed its acquisition of 18 multi-residential properties from Conundrum Residential Property Income Fund on behalf of Skyline Apartment REIT at a purchase price of $108 million. The deal features 1,519 rental suites in 9 different Ontario communities.
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