In the News
Find out the latest news on Centurion as it happens. Learn about our most recent acquisitions, major transactions, and/or company developments. Visit the archive for past press releases and company announcements.
June 25, 2014
Centurion Apartment REIT Announces the Pending Acquisition of 65 Suite Apartment...
Centurion Apartment REIT is pleased to announce the pending acquisition of a 65 suite apartment property in Toronto. The property is a 10 storey elevatored building located at 4 Antrim Crescent in Toronto across from the Kennedy Commons shopping mall, close to Highway 401 and is not far from the REIT's other holdings in the area.
May 2, 2014
Centurion Internalizes Student Housing Portfolio Management and Launches New...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, in its commitment to becoming a leader in the Canadian student housing marketplace, is pleased to announce the internalization of its student housing portfolio.
April 17, 2014
Centurion Apartment REIT Announces Closing of Unit Offering
Centurion Apartment REIT will permit its current Offering Memorandum for Units of the REIT to expire as scheduled on April 30, 2014. The Board of Trustees the REIT believes that since the demand for REIT Units exceeds its’ available accretive investment opportunities that it is prudent to restrict the inflow of capital until further notice.
March 31, 2014
Centurion Apartment REIT Announces Pending Sale of Apartment Property in London...
Centurion Apartment REIT is pleased to announce that it has entered into a firm agreement to sell a 47 unit apartment property at 1459 Trafalgar Street in London, Ontario. The price is $3.30 million. The sale is expected to close on or about April 30, 2014.
December 17, 2013
Centurion Apartment REIT Announces Sale of Townhouse Property in Hamilton ON
Centurion Apartment REIT Announces Sale of Townhouse Property in Hamilton ON
December 9, 2013
Centurion Apartment REIT Announces Launch of F Class Units for Fee Based Accounts
Centurion Apartment REIT is pleased to announce that it has introduced a formal "F" Class Unit for fee based accounts. The Offering Memorandum of the REIT has been updated to reflect the availability of both the "A" and "F" Class Units.
November 14, 2013
Centurion Apartment REIT Announces Pending Acquisition of a Newly Built Luxury...
Centurion Apartment REIT is pleased to announce the pending acquisition of a newly built luxury apartment property in Toronto. The property contains 23 condominium quality suites ranging in size from 939 to 2,050 square feet and is located at 3443 Bathurst Street in Toronto.
August 30, 2013
Centurion Apartment REIT Announces Completion of $75 Million Offering
Centurion Apartment REIT is pleased to announce that it has completed its $75 million offering of Class "A" Units initiated on April 30th, 2013. Coincident with this closing, the REIT launched a new $100 million offering of Class "A" REIT Units.
August 23, 2013
Centurion Apartment REIT Announces Acquisition of 80% Interest in 360 Suite...
Centurion Apartment REIT is pleased to announce that it has closed the purchase of the 80% interest in a 360 suite apartment property held by its partner Kingsett Capital, bringing the REITs holding to 100% of the property as of the closing.