Alignvest Student Housing REIT has a binding agreement to acquire a new apartment tower at 308 King St. N. in Waterloo. The 25-storey building includes 340 furnished apartments and provides housing for 659 students. It is fully occupied.
Harrison Street has entered the B.C. student housing market with the acquisitions of two complexes, the Shelley in Victoria and a 283-bed building under development on Burnaby Mountain near Simon Fraser University in Metro Vancouver.
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