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Centurion Apartment REIT Announces the Sale of Royal and Wales Apartments in Kitchener, Ontario

September 30, 2019

Centurion Apartment REIT Announces the Sale of Royal and Wales Apartments in Kitchener, Ontario

Centurion Apartment Real Estate Investment Trust (“REIT”) has completed the sale of Royal and Wales Apartments (46-56 College Street, 58-66 Weber Street, and 96 Young Street) in Kitchener, Ontario for $9.95 million. The property has a total of 74 units and was originally purchased in 2015.

Centurion will have 668 rental units in its Kitchener portfolio after the sale.

For media inquiries, please contact communications@centurion.ca.