ABOUT US | ALTERNATIVE INVESTMENTS | SEMINARS | INSIGHTS LIBRARY Edition 10: April 30, 2020 Edition 10: April 30, 2020 Your monthly news source for all things Skyline Wealth. A MESSAGE FROM JASON CASTELLAN, CEO, SKYLINE A MESSAGE FROM JASON CASTELLAN, CEO, SKYLINE GROUP OF COMPANIES GROUP OF COMPANIES In addition to the countless ways that the events of the past few months have impacted our lives, they have given us a stark reminder of the fragility of our global ecosystem. A local issue can evolve into a provincial, then national, then global issue in a matter of days, with far-reaching impact and ever-changing complexity. In order to maintain some semblance of “normal,” many of us are taking extra care to preserve our physical and mental health. I am proud that Skyline plays a role in maintaining another important aspect of life: your financial health. Read Full Address to Unitholders Read Full Address to Unitholders
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GROUP OF COMPANIES A MESSAGE FROM JASON CASTELLAN, … · logistics, and last-mile delivery sectors of commercial real estate. Gordon Driedger President, Skyline Retail REIT: Majority
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ABOUT US | ALTERNATIVE INVESTMENTS | SEMINARS | INSIGHTS LIBRARY
Edition 10: April 30, 2020Edition 10: April 30, 2020
Your monthly news source for all things Skyline Wealth.
A MESSAGE FROM JASON CASTELLAN, CEO, SKYLINEA MESSAGE FROM JASON CASTELLAN, CEO, SKYLINEGROUP OF COMPANIESGROUP OF COMPANIES
In addition to the countless ways that the events of the pastfew months have impacted our lives, they have given us astark reminder of the fragility of our global ecosystem. Alocal issue can evolve into a provincial, then national, thenglobal issue in a matter of days, with far-reaching impact andever-changing complexity. In order to maintain somesemblance of “normal,” many of us are taking extra care topreserve our physical and mental health. I am proud thatSkyline plays a role in maintaining another important aspectof life: your financial health.
Read Full Address to UnitholdersRead Full Address to Unitholders
Join speakers Jason Castellan, CEO, Skyline Group of Companies and Wayne Byrd, Jason Castellan, CEO, Skyline Group of Companies and Wayne Byrd,CFO, Skyline Group of CompaniesCFO, Skyline Group of Companies as they provide an overview of May's revenue cyclefor each of the Funds, and an update on how the COVID-19 pandemic is impacting our
business.
Webinar Date: Tuesday, May 12th, 2020Webinar Date: Tuesday, May 12th, 2020(2 viewing times available)
REGISTER NOW 2:00 PM ET (11:00AM PT)
REGISTER NOW 4:00 PM ET (1:00PM PT)
All webinar attendees All webinar attendees mustmust register in advance. register in advance.
IN CASE YOU MISSED IT:IN CASE YOU MISSED IT:
SUMMARY POINTS FROM WEBINAR #3SUMMARY POINTS FROM WEBINAR #3
Sign in to the investor login at skylinewealth.cainvestor login at skylinewealth.ca to view:Webinar #3, and all previous webinarsWritten Addresses to Unitholders from Fund PresidentsAll other investor communications
Matthew OrganMatthew OrganPresident, Skyline Apartment REIT:President, Skyline Apartment REIT:
Focused on strengthening capital reserves by deferring non-essential capital spendingand acquisitions where possible; taking advantage of early refinancing opportunitiesamid low interest rates.92% rent collection for April 2020; rental operations continue while respecting socialdistancing procedures.Anticipating continuing strong rental occupancy rates, similar to those during 2008economic crisis.
Michael MackenzieMichael MackenziePresident, Skyline Commercial REIT:President, Skyline Commercial REIT:
Majority of portfolio tenants in sectors essential to Canadian supply infrastructure;
continuing strong operations amid this crisis.92% rent collection for April 2020; due to overall strength of tenant mix, anticipatinghigh collection rates to continue.Anticipating continued growth in demand, and strong performance, for warehousing,logistics, and last-mile delivery sectors of commercial real estate.
Gordon DriedgerGordon DriedgerPresident, Skyline Retail REIT:President, Skyline Retail REIT:
Majority of portfolio tenants (especially grocery & pharmacy) deemed essential; seeingcontinued strong performance within their secondary community locations.Circumstances of crisis have demonstrated resilience of acquisitions strategy;intending to proceed with upcoming acquisitions of properties comprised of essentialservices in secondary markets80% rent collection as at April 22, 2020; management team continues to balancereserves to operate the business with capital for new acquisitions.
Rob SteinRob SteinPresident, Skyline Clean Energy Fund:President, Skyline Clean Energy Fund:
100% revenue collection for April 2020; no present or anticipated disruption in revenuecollection, as factors affecting revenue have seen minimal-to-no impact from the crisisProduction and storage of electricity is deemed essential; assets remain in fulloperation. Fund is well-positioned to continue seeking revenue-producing assets underlong-term contracts.Over next 12 months, the fund anticipates expansion into energy storage, additionaltypes of clean energy to complement current assets.
OPEN FOR INVESTMENT:OPEN FOR INVESTMENT:
Skyline Apartment REITSkyline Apartment REITNext Available Trade Date:
May 15, 2020
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Skyline Commercial REITSkyline Commercial REITNext Available Trade Date:
May 15, 2020
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Skyline Retail REITSkyline Retail REITNext Available Trade Date:
May 15, 2020
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Investment opportunities will be filled on a first come, first serve basis for SkylineApartment REIT, Skyline Commercial REIT, and Skyline Retail REIT.
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