The Skyline Group of Companies Named One of Canada’s Best Managed Companies
The Skyline Group of Companies was named one of Canada’s Best Managed Companies in 2014 for excellence in business performance. Sponsored by Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums, the Best Managed award recognizes Canadian owned and managed companies with revenues over $10 million for sustained growth, financial performance, management practices and the efforts of the entire organization.
“I would like to congratulate Skyline and its entire workforce,” said Peter Brown, Co- Leader of Canada’s Best Managed Companies Program and Senior Practice Partner, Deloitte. “Achieving this standard of excellence takes a united effort from a dedicated team. Best Managed companies achieve success because they have a clear vision and lead teams that are committed to growth and sustainability.”
Based in Guelph, ON, Skyline is one of Canada’s fastest-growing owners and managers of real estate. It is currently managing over $1.65 billion in real estate assets, with over 250 properties and 5.5 million square feet of commercial space across Canada. Skyline boasts a unique business model that allows it to be a full-service real estate entity, offering acquisitions, property management and investment services under one roof. In just 15 years, it has grown to a team 500-strong whose clients include the 2,000+ investors who are invested in Skyline’s three private REIT portfolios, and the 25,000+ residents and tenants in Skyline’s residential and commercial buildings.
Established in 1993, Canada’s Best Managed Companies is one of the country’s leading business awards programs that recognize Canadian companies that have implemented world-class business practices and created value in innovative ways. Applicants are evaluated by an independent judging panel on how they address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.
“We are incredibly proud and honoured to be designated one of Canada’s Best Managed Companies for the first time,” said Jason Castellan, CEO and Co-Founder, Skyline Group of Companies. “Amongst the vast competition of Canada’s largest real estate entities, we have a unique business structure, a strong company culture, and a penchant for sustainability and giving back to our community. This recognition truly belongs to all of the ‘Skyline Family’: the expertise of our staff, and the enthusiasm of our investors and business partners, has brought us to where we are today.”
“Today’s marketplace is not just about financial performance; it is also about the investment in the people,” said Mike Runia, National Co-Leader of Canada’s Best Managed Companies Program and Ontario Managing Partner, Deloitte. “Skyline invests in its team to build up a strong and stable company. Best Managed companies are home- grown companies making smart investments to achieve above average returns.”
2014 winners of the Canada’s Best Managed Companies award, along with the Gold Standard winners, Requalified and Platinum Club members will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on March 31, 2015. On the same date, the symposium will address leading-edge business issues that are key to the success of today’s business leaders.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Best Managed winner (one of the new winners selected each year); 2) Requalified member (repeat winners retain the Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully reapplied for the designation. Companies may requalify for two additional years, subject to annual operational and financial review); 4) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
About the Skyline Group of Companies
The Skyline Group of Companies is a real estate investment, development and property management group based in Guelph, Ontario. The Skyline Group of Companies is made up of four (4) primary entities: Skyline Mortgage Financing Inc. (SMFI), the Mortgage Financer for the REITs; Skyline Commercial Management Inc. (SCMI), the Property Manager for the Skyline Commercial REIT; Skyline Asset Management Inc. (SAMI) the Asset Manager for the REITs; and Skyline Wealth Management Inc. (SWMI), the Wealth Manager and principal Exempt Market Dealer (EMD) for the REITs. Each of the entities is owned under the Skyline Group umbrella, and exists to service Skyline Apartment REIT, Skyline Commercial REIT and Skyline Retail REIT exclusively. The Skyline Group of Companies currently manages over $1.65 billion in multi-residential and commercial real estate combined, and has over 500 employees across the country. The Skyline Group of Companies’ objectives are to provide accommodations of choice for tenants, stable and growing cash distributions to unitholders, and to maximize unitholder value through effective management and accretive portfolio growth.
To learn about investment opportunities with Skyline Apartment REIT, Skyline Commercial REIT and Skyline Retail REIT, please contact Skyline Wealth Management’s Investor Relations Office directly at 1.888.977.REIT (7348) or via email at invest@skylineonline.ca.
To find out what’s new, what we’re up to and to stay informed about the Skyline Group of Companies, please visit the news section of our website at http://www.skylineonline.ca/wealth-home/news/.
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For further information or for interview requests, please contact:
Marissa Teeter, Vice President, Skyline Wealth Management Inc. 5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
519.826.0439 x264
Toll-free 1.888.977.REIT (7348) mteeter@skylineonline.ca
