[Guelph, Ontario – August 21, 2025]
On August 21, 2025, Skyline Apartment REIT sold a 200-suite property at 2703, 2707, 2711 & 2715 James Mowatt Trail Southwest (Heritage Valley) in Edmonton, Alberta.
With this sale, the REIT maintains a presence in Edmonton with a 240-suite property at Ellerslie Road Southwest.
“The sale of Heritage Valley in Edmonton reflects our ongoing work to refine and strengthen our Apartment REIT portfolio,” said Matthew Organ, President, Skyline Apartment REIT.
“Earlier this year, we identified this property as suitable for a strategic disposition, and the capital from this sale enables us to pursue opportunities where we see the greatest potential for enhanced investor value. We remain focused on building a resilient portfolio that is aligned with our strategy and positioned for strong performance well into the future.”
Post-disposition, Skyline Apartment REIT comprises 231 properties in 52 communities in seven provinces across Canada, with a total of 20,582 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 June 30, 2025
For media inquiries, please contact:
Cindy BeverlyVice President, Marketing & Communications
Skyline
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8