Mark your calendars for this exciting upcoming event from StoreWest Chestermere.
Q2 2019 Performance
Please click below to view our Q2 2019 performance report.
JUNE 30, 2019 – MANAGEMENT REPORT
We are pleased to send you the June 30, 2019 Management Report of Alignvest Student Housing Real Estate Investment Trust (“ASH REIT”). As of June 30, 2019, we have acquired seven of Canada’s premier purpose-built student accommodation properties and have over 3,300 beds worth over $384 million in four markets.
We are focused on the roll-out of best practices across our entire portfolio and we have commenced the integration of our new properties into our operating company. In addition, we are focused on maximizing occupancy at all properties in advance of the upcoming school year and we have spent considerable effort to improve the quality of commercial tenants across our portfolio.
Below is the link to our Management Report. Please let us know if you have any questions.
Investment Rationale Management Report
MARCH 31, 2019 – MANAGEMENT REPORT
We are pleased to present to you the March 31, 2019 Management Report of Alignvest Student Housing Real Estate Investment Trust (“ASH REIT”). As of March 31, 2019, we have acquired three of Canada’s premier purpose-built student accommodation properties and we recently closed the acquisition of four additional high-quality properties, increasing our bed count to over 3,300 and our asset value to ~$400 million.
We are focused on the roll-out of best practices across our entire portfolio and we have commenced the integration of our new properties into our operating company. In this quarterly report, we highlight our recent operational advancements and accomplishments, as the early results are encouraging and yielding immediate results.
Below is the link to our Management Report.

333 King Street North, Waterloo, Ontario (“King I”)
King I is located in Waterloo, Ontario. The 536-bed property is 400 meters from Wilfrid Laurier University and 800 meters from the University of Waterloo. King I is 100% occupied.

339 King Street North, Waterloo, Ontario (“King II”)
King II is located in Waterloo, Ontario. The 419-bed property is adjacent to King I and is 100% occupied. We have integrated the operations of King I and King II with our other property in Waterloo at 181 Lester Street.

1686 Main Street West, Hamilton, Ontario (“Main”)
Main is located in Hamilton, Ontario. The 449-bed property is less than 1 km from McMaster University, home to almost 30,000 students. Main is 100% occupied.

1700 Simcoe Street North, Oshawa, Ontario (“Simcoe”)
Simcoe is located in Oshawa, Ontario. The 588-bed property is currently at 95% occupancy. Simcoe is 600 meters from the University of Ontario Institute of Technology.
March 31, 2019 - Management Report
ASH unit holders,
Please see the attached Annual Report. We are very pleased to announce that we have removed conditions on our transformational acquisition and it is scheduled to close at the end of April. We are closing the current equity financing round on April 19, 2019.
Thanks for everyone’s support thus far. Many unit holders have made additional investments.
ASH – 2018 Annual Management Report
Read ReportAlignvest Management Corporation, a promoter of the REIT, is a leading international alternative investment management firm with over $1 billion of AUM that seeks to deliver exceptional risk adjusted returns for our clients by identifying and exploiting market discontinuities and attracting the very best talent to build industry leading platforms.
“ASH provides investors with access to Alignvest’s institutional investment platform and an experienced team focused exclusively on acquiring high-quality, purpose-built student accommodations across the country that provide our Unitholders an attractive quarterly distribution and long-term capital appreciation.”
View Report
We use cookies to improve your experience on our site. By using our site, you consent to cookies.
Websites store cookies to enhance functionality and personalise your experience. You can manage your preferences, but blocking some cookies may impact site performance and services.
Essential cookies enable basic functions and are necessary for the proper function of the website.
Google reCAPTCHA helps protect websites from spam and abuse by verifying user interactions through challenges.
Google Tag Manager simplifies the management of marketing tags on your website without code changes.
These cookies are used for managing login functionality on this website.
Statistics cookies collect information anonymously. This information helps us understand how visitors use our website.
Google Analytics is a powerful tool that tracks and analyzes website traffic for informed marketing decisions.
Service URL: policies.google.com
You can find more information in our Cookie Policy and .