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Centurion Apartment REIT announces closing of non strategic property sale

August 12, 2010

Centurion Apartment REIT announces closing of non strategic property sale

On 12 August 2010, Centurion Apartment REIT completed the sale of 135 Atherley Road in Oriliia Ontario for $3,900,000. The divestiture represents a continuation of managements strategic plan to opportunistically divest non core assets and to redeploy capital into existing or targetted clusters to increase operating efficiencies as the portfolio continues to expand.