Centurion Apartment REIT Announces Acquisition of 303 Rental Unit Portfolio
Centurion Apartment REIT is pleased to announce the acquisition of a portfolio of 303 rental units comprised of 84 apartment units in Toronto and 219 student rooms in Waterloo serving Wilfrid Laurier University.
The 84 apartment suites in Toronto are located at 4 & 8 Rannock Ave & 880 Pharmacy in close proximity to Centurion's other properties in the neighbourhood. Centurion now has 9 structures in 3 locations in close proximity totalling 425 suites.
The 219 student units are located at 173 King Street North in Waterloo and are directly beside Wilfrid Laurier University.
The transaction closed on 31 July 2012.