Equiton Acquires Edmonton’s Central Tower Apartments
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AI Article Summary
Equiton has acquired the Central Tower Apartments in south Edmonton, expanding its portfolio in Alberta to over 700 units. This acquisition adds to the Equiton Residential Income Fund Trust's geographic diversification, enhancing operational efficiencies. The newly constructed property, which features 175 upscale rental units, offers amenities such as a yoga room and cycling studio. Equiton now owns 43 multi-residential properties across Canada and continues to look for new opportunities in Alberta and Western Canada.