Exteriors of apartments in Sarnia, Chatham, and Tilbury, Ontario

Skyline Apartment REIT sells four southwestern Ontario properties

[Guelph, Ontario – June 12, 2025]

On June 12, 2025, Skyline Apartment REIT sold a four-property portfolio across southwestern Ontario:

  • 130 Sheldon Avenue Chatham, Ontario (Sheldon Avenue Apartments): 45 suites
  • 455 Sandys Street, Chatham, Ontario (Northland Place): 58 suites
  • 200 London Road, Sarnia, Ontario (London Road Apartments): 49 suites
  • 1100 Wellington Street, Sarnia, Ontario (St. Clair Apartments): 29 suites

The properties total 181 residential suites.

“In early 2025, we identified these properties as appropriate for a strategic disposition, and the sale reflects Skyline Apartment REIT’s dedication to continuously refining and enhancing our portfolio,” said Matthew Organ, President, Skyline Apartment REIT.

“The REIT continues to have a large presence in Sarnia, with 1,433 suites across 20 properties, as well as Chatham, with 941 suites across nine properties. We continuously assess opportunities throughout the portfolio to make strategic transactions with the aim to drive additional investor value.”

Post-disposition, Skyline Apartment REIT comprises 232 properties in 52 communities in seven provinces across Canada, with a total of 20,777 residential suites.

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About Skyline

Skyline is a capital management company that acquires, develops, and manages real estate properties and renewable infrastructure assets, and offers them as private alternative investment products.

Skyline currently manages more than $9 billion* in assets across its real estate and renewable infrastructure platforms.

With approximately 1,000 employees across Canada, Skyline works to provide safe, clean, and comfortable places for tenants to call home, great places to do business, sustainable solutions for a greener future, and an engaging experience for its investors.

For more information about Skyline, please visit SkylineGroupOfCompanies.ca.

*As at March 31, 2025

For media inquiries, please contact:

Cindy Beverly
Vice President, Marketing & Communications
Skyline
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
cbeverly@skylinegrp.ca

Press releases are disseminated by Skyline Wealth Management Inc. (“Skyline Wealth Management”) on behalf of the Issuer as at the date of publication. Skyline Wealth Management does not undertake to advise the reader of any changes. Skyline Wealth Management has not taken any steps to verify accuracy. Commissions, trailing commissions, management fees and expenses all may be associated with investments in exempt market products. Please read the confidential offering documents before investing. Some of the investment products offered by Skyline Wealth Management are from related issuers. A full list of issuers related to Skyline Wealth Management and details of the relationship between them is available upon request.