Skyline Apartment REIT Acquires Additional Brantford, ON Property

On Friday, June 3rd, 2016, Skyline Apartment REIT acquired a newly-developed, accessible luxury apartment complex at 555 Park Road North, Brantford, ON. The 153-unit building was purchased for $29.9M, and is the Apartment REIT's fifth purchase in the city of Brantford. It is located next to another Skyline-owned apartment property at 575 Park Road North, with multiple parks, golf courses, schools and shopping nearby.

555 Park Road North, Brantford, ON

The newly-developed complex at 555 Park Road North (called "Harris Place" after a founding member of Canada's renowned Group of Seven artists) is Brantford's first 100% smoke-free luxury apartment building, filling unserved needs in the Brantford housing market. Details on the complex were featured in an article in the Brantford Expositor.

Additionally, in May 2016, Skyline Living's marketing team proudly received a prestigious Webcon Rental Marketing Award for its marketing campaign promoting suite rentals at Harris Place.

The Skyline Apartment REIT currently comprises 172 properties in 47 communities across 6 provinces, with over 15,300 residential units.