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Starlight buys a portfolio of eight apartment buildings


Starlight said its new holdings are within easy reach to public transit, public parks, green spaces, and retail and restaurants.
While its new acquisitions are rental buildings, which will be managed by Devon Properties, Starlight is also planning a major mixed-use redevelopment in the Harris Green area.
The total value of the rental building package is confidential but is “significant in the Victoria market,” Bev Highton of NAI B.C., which had the portfolio listing, said Friday.
It attracted interest from large property firms similar to Starlight, public and private real estate investment trusts and private individuals, he said.
“Ultimately there was a significant number of offers,” he said. ....

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