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Record Year of Acquisitions For Centurion Apartment REIT

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Edmonton The MayFair Centurion Investment

By Jocko Toic / November 20, 2019

The apartment market has been very active in 2019 and the Centurion Apartment REIT has executed on a number of opportunities. The REIT purchased a total of 3,476 apartment units in 17 buildings worth a total of about $871 million on a undiluted basis year-to-date. The table below summarizes the purchases year-to-date and the properties under contract to purchase as of the date of writing. More good news to come

By time the properties under contract closes, the Centurion Apartment REIT’s AUM will approximately be $2.9 billion.

Centurion Apartment REIT Acquisitions 2019

 

Source: Centurion Asset Management