District REIT has recently announced the successful acquisition of an additional asset called Riddell Gardens and we wanted to share their latest growth strategy for 2020.
District REIT is focused on investing in stabilized, diversified income-producing real estate assets in Southern Ontario and has plans to grow their gross book value of real estate under management to $100 million with a series of acquisitions by 2021. The recent Riddell Gardens acquisition complements this strategy.
The most important pillar in District REIT’s strategy is strong property management. The REIT prides itself on creating value through diligent real estate management.
Take a look at one of District REIT’s past acquisitions, 100 Bronte St. clicking the video above.