Property Acquisitions Archives

View the original press release on Rexall.ca. Rexall is celebrating the official opening of its first-ever pharmacy powered by solar panels at its Arthur Street location in Elmira, Ontario. “At Rexall, we pride ourselves day in and day out on caring for our patients through quality, personalized pharmacy services,” said Nicolas Caprio, President, Rexall. “Through our partnership with Skyline Retail REIT, we are proud to step up in a small way and care for our communities as well.” Rexall plans on generating up to 50% of its electricity via clean, local green energy at this location. Installing the new solar panels will prevent the equivalent of 2,634 tons of CO2 from entering the atmosphere, which is the equivalent of taking over 520 cars off the road for an entire year. “We are thrilled to celebrate the opening of Rexall’s first solar-powered pharmacy here in Elmira,” said Gordon Driedger, President, Skyline Retail REIT. “This new store is a true demonstration of the long-standing relationship between Rexall and the REIT. We are pleased to be part of this forward-thinking eco-leadership initiative.” To further showcase the commitment and environmental stewardship Rexall is taking, permanent door decals will be displayed at the main entrance to welcome guests and highlight the environmental benefits of solar energy. Caprio continued, “Rexall is committed to sustainable development and responsible use of natural resources, and we are excited for what’s to come as we continue working to positively impact our patients and communities across Canada.” The Rexall pharmacy is located at 315 Arthur Street in Elmira, Ontario. Additional Green Measures Rexall offers a battery recycling service, Call2Recycle, to organizations, communities, and companies across Canada. Patients who have unused or leftover medication can visit their local Rexall and have it safely disposed of in an environmentally friendly way, free of charge. In 2020, Rexall announced it would ban single-use plastic bags in its pharmacies, and instead offered reusable or paper bags as an alternative. In Fall 2022, Rexall will be phasing out paper bags as well. Rexall RightDose offers clients an option to sort their medication by date and time, in an eco-friendly package with improved portability. Rexall has partnered with Bullfrog Power to replace the power we consume at our office with green renewable energy. Rexall is proud to offer plant-based cleaning products in paper-based refillable containers. Rexall offers virtual pharmacy services, which increase access to care in the convenience of patients’ homes as well as reduce emissions. Rexall’s private label brands are committed to reducing our environmental impact and delivering more sustainable products to our customers through the How2Recycle initiative. About Skyline Retail REIT Skyline Retail REIT (the “REIT”) is a privately owned and managed portfolio of retail properties, focused on acquiring well-located properties with service-oriented, national brand tenants in secondary and tertiary communities across Canada. Skyline Retail REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth Management”), the exclusive Exempt Market Dealer for the REIT. Skyline Retail REIT is committed to providing outstanding places to conduct business and services. It prioritises superior service to its retail tenants while surfacing value with a goal to deliver stable returns to its investors. To learn about additional alternative investment products offered through Skyline Wealth Management, please visit SkylineWealth.ca. Skyline Retail REIT is operated and managed by Skyline Group of Companies. For media inquiries, please contact: Cindy Beverly Vice President, Marketing & Communications Skyline Group of Companies 5 Douglas Street, Suite 301 Guelph, ON N1H 2S8 519.826.0439 x602 About Rexall With a dynamic history of innovation and growth dating back over a century, Rexall is a leading pharmacy retailer in Canada, dedicated to caring for Canadians’ health, one person at a time. Operating approximately 400 pharmacies across Canada, Rexall’s 8,000 employees provide compassionate care to patients, becoming their trusted health partners along their wellness journey. Rexall is part of the Rexall Pharmacy Group ULC and a proud member of the global McKesson Corporation family, a diversified healthcare company with deep roots in supporting patients across Canada. For more information, visit rexall.ca. Follow us on Twitter: @RexallDrugStore, on Instagram at @RexallDrugStoreOfficial, and @RexallCareNetwork and on Facebook at @RexallDrugStore For further information, please contact: Andrew Forgione Public Relations, McKesson Canada Media@McKesson.Ca

Property Acquisitions

Skyline Retail REIT & Rexall celebrate new solar-powered pharmacy

Skyline Retail REIT enters Saint-Jean-sur-Richelieu, QC

Skyline Retail REIT acquires property in Red Deer, AB

Skyline Retail REIT acquires property in Duncan, BC

Skyline Retail REIT acquires property in Simcoe, ON

Skyline Retail REIT acquires property in Medicine Hat, AB

Skyline Retail REIT enters city of St. Thomas, Ontario

Skyline Retail REIT buys property in downtown Guelph

Skyline Retail REIT enters city of Saint-Rémi, Quebec