Centurion Apartment REIT Announces Successful 50% Acquisition of a Student Housing Property in Waterloo, Ontario.

Centurion Asset Management Inc., the Asset Manager of Centurion Apartment REIT, is pleased to announce it has closed the purchase of 50% interest in 1 Columbia Street West in Waterloo, Ontario. This newly built Student Housing Property was developed and constructed by an external partner of Centurion Real Estate Opportunities Trust.

The apartment is a 22-Storey high-rise student housing property with 370 units comprising of 74 five-bedroom suites along with street accessible retail units. Each unit offers ensuite washrooms and panoramic views of the surrounding universities. This property comes with 76 underground parking spaces and includes a social/study room, fitness room, games room, rooftop patio, theater and complementary WIFI. The property is conveniently located minutes from the University of Waterloo & Wilfrid Laurier University.

To learn more about the property click here or read more about how this property was voted one of “The top student housing communities in Canada”

For more information about Centurion Asset Management Inc., Centurion Apartment REIT, Centurion Real Estate Opportunities Trust, Centurion Property Associates or The MARQ, visit us online at www.centurion.ca.