Equiton Closes on Third Kingston Property

FOR IMMEDIATE RELEASE: OCTOBER 1, 2018

EQUITON RESIDENTIAL INCOME FUND TRUST ACQUIRES
THIRD KINGSTON PROPERTY

BURLINGTON, ON – On September 28, 2018, the Equiton Residential Income Fund TRUST completed the purchase of a 24-unit apartment building in Kingston, Ontario. The building will add to the existing portfolio in the area. The building is in a good location within a few minutes drive to the St. Lawrence River, shopping, restaurants, Highway 401 and Queen’s University. Kingston has a population of over 172,000 residents and within an eight-hour drive represents the third largest GDP concentration in North America.

About Equiton

Equiton is a private equity firm that specializes in providing private market real estate investments to Canadians.  It is led by a senior team of industry veterans who have more than 100 years of combined real estate, investing and management experience.  Collectively they have overseen the acquisition and management of over $10 billion in real estate, developed over 100 million square feet of real estate projects and overseen a combined portfolio of more than 10,000 apartments in Canada and the United States.

For more information see:  https://www.equiton.com

Media Contact:
Tamara Lora
Manager, Marketing & Communications
tlora@equiton.com
905-635-1381 ext. 106