News & Media
What is the average return on a REIT in Canada?
When assessing the average return on a REIT in Canada, it is important to differentiate between the public and private market. Key differences in liquidity, volatility, listing venue and regulatory requirements can lead to material imbalances in annual return profiles.
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Skyline Retail REIT Acquires First Property in Thunder Bay, ON
On Friday, June 30th, 2017, the Skyline Retail REIT purchased its first property in the city of Thunder Bay, ON. The property at 399 Main Street was purchased for $39.75M and comprises 7 buildings, with 168,087 square feet of retail commercial space located on 16.4 acres.
Skyline Retail REIT Purchases Second Quinte West, ON Property
On Wednesday April 5th, 2017, the Skyline Retail REIT purchased its second property in the city of Quinte West (formerly Trenton), ON. 107 Dundas Street East was purchased for $4.89M, and has 12,858 square feet of retail space. The anchor tenant of the property is Rexall PharmaPlus.
Skyline APT REIT, COM REIT & RTL REIT Announce Unit Price Increases
We are pleased to announce an increase in Unit Price for each of Skyline's three REIT investment products!
Skyline Retail REIT Enters Province of Quebec with 7-Property Acquisition
On Friday, March 3rd, 2017, the Skyline Retail REIT purchased its first properties in the province of Quebec, with the acquisition of a 7-property portfolio anchored by Jean Coutu, a Quebec-based drugstore chain. The total purchase price for the portfolio was $35.25M, and the 7 properties total 149,324 square feet of retail space.
Skyline Retail REIT Purchases Its First London, ON Property
On Thursday, February 23rd, 2017, the Skyline Retail REIT made its first purchase in the city of London, ON. 1551-1553 Dundas Street in London was purchased for $14.45M and is comprised of 51,450 square feet of retail space.
Skyline Retail REIT Enters New Community of Strathroy, ON
On Thursday, November 24th, 2016, the Skyline Retail REIT purchased its first retail property in the town of Strathroy, ON (just west of London, ON).
Skyline Retail REIT Purchases Third Windsor, ON Property
On Friday, September 30, 2016, Skyline Retail REIT purchased its third retail property in the city of Windsor, ON. The property at 500 Tecumseh Road East was purchased for $9.8 million and has 20,860 square feet of retail commercial space. Its tenant is Shoppers Drug Mart.
Skyline Retail REIT Featured in Chatham Voice Article
A Guelph firm has quietly become one of the major cheerleaders for Chatham-Kent and when it comes to putting its money where it’s faith is, the Skyline Group isn’t taking a back seat to anyone.
Skyline Retail REIT Acquires 2nd Property in Sudbury, ON
On September 7th, 2016, the Skyline Retail REIT purchased at 21,820 square foot property in Hanmer (Sudbury), ON. The property at 5118 Highway 69 North is the second property Skyline Retail REIT owns in Sudbury, and has McDonald's and Shoppers Drug Mart as anchor tenants. The property was purchased for $8 million.
Skyline Retail REIT Acquires Additional Chatham, ON Property
On June 2nd, 2016, the Skyline Retail REIT acquired a multi-tenant retail plaza property at 515-653 Grand Avenue West in Chatham, ON. Purchased for $25M, the plaza consists of 177,366 square feet of retail space, and includes Canadian Tire, Scotiabank and SportChek as anchor tenants.
Ikea Opens at Skyline Retail Property in Windsor, ON
On Monday, April 4th, 2016, the Skyline Retail REIT property at 4115 Walker Road, Windsor, ON welcomed a new anchor tenant: an Ikea pick-up and order point location.
Skyline Retail REIT Enters Bayfield, ON and Elmira, ON
On Wednesday, February 3rd, 2016, the Skyline Retail REIT acquired two new properties in two new Ontario communities.
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