We are pleased to announce that we have completed the acquisition of a purpose-built student accommodation property located at 1680 Lincoln Avenue, Montreal, Quebec (known as The Link).
The Link is a newly constructed, 18-storey building located steps away from Concordia University and within walking distance of McGill University. The property is equipped with 246 beds in 101 fully furnished units, including studios, two-, three-, and four-bedroom suites, which provides a wide variety of configurations for potential tenants. Additionally, The Link features several amenities, including a fitness room, social rooms, a rooftop terrace, smart package lockers, and an underground parking garage.
This strategic acquisition further diversifies our REIT’s portfolio and solidifies our position as the leading owner and operator of Canadian student housing. With this acquisition, we own in excess of 7,100 student housing beds across Canada. Further, this acquisition marks our entry into Montreal, which is home to several universities and colleges in need of housing for their students.
Below is the link to the full press release. We have also included a link to an overview presentation of The Link.
Press ReleaseOverview Presentation
Information Sheet