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Centurion Apartment REIT Announces Closing Acquisition of Phase II of Metro Scott Road Property


On December 21, 2022, Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, announced the closing acquisition the second and final phase of Metro Scott Road.

While Phase I was completed earlier in 2022 with a total of 233 residential units, Phase II consists of an additional 281 units spanning from studio to two-bedroom floorplans.

Metro Scott Road is a newly constructed multi-residential property in Surrey, British Columbia, located steps away from King George Blvd.

Cassels acted for Centurion.

RELATED EXPERTISE: Real Estate & Development