Skyline Retail Real Estate Investment Trust Information Sheet. Dated October 2015. 1 P a g e

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Skyline Retail Real Estate Investment Trust Information Sheet Dated October 2015 1 P a g e

Investment Highlights 8 percent current annual distribution rate Monthly income investment Capital growth potential Experienced management team Private structure provides buffer from current stock market volatility Highly tax-efficient investment vehicle Registered Retirement Savings Plan, Registered Retirement Income Plan and Tax-Free Savings Account eligible Portfolio diversification tenant base, geography, asset mix Targeted 80 to 90 percent Funds From Operations Payout Ratio No early redemption penalties or fees Over 70 percent National brand anchor tenants with long-term leases 2 P a g e

Total Portfolio Statistics Skyline Retail Real Estate Investment Trust owns 45 properties in 31 communities across Ontario Aggregate purchase price: approximately $307.3 million dollars Weighted Average Mortgage Rate and Term to Maturity 3.90 percent, 4.92 years Average Lease Term to Maturity of anchor tenants 9 years 1,327,803 square feet of commercial space Anchor Tenants Shoppers Drug Mart The Beer Store Tim Hortons Scotiabank TD Canada Trust National Bank PartSource The Brick Pet Value Giant Tiger Booster Juice Pizza Pizza Value Village Starbucks The Pita Pit The Source Pharma Plus Goodlife Fitness Subway GNC Fabricland Canadian Tire First Choice Haircutters Dollarama A&W Little Caesars Mac s Convenience Bulk Barn Sleep Country Speedy Dairy Queen Harvey s The Bargain Shop Shoeless Joe s KFC Goodlife Fitness BMO McDonald s Dollar Tree Walmart Acquisition Strategy Over 70 percent national brand anchor tenants with long-term leases Connections with these national brands gives Skyline the advantage in securing new acquisition opportunities Focus on secondary and tertiary Ontario cities fewer competitors fighting for product in Ontario s smaller communities 3 P a g e

Important Disclaimer - Please Read This document does not constitute an offer to sell or a solicitation to buy the securities referred to herein, nor shall it form the basis of or be relied on in connection with, or act as any inducement to enter into, any contract or commitment whatsoever. Recipients of this document who are considering acquiring securities of Skyline Retail Real Estate Investment Trust (REIT) are reminded that any such purchase must not be made on the basis of the information contained in this document but are referred to the Confidential Offering Memorandum of Skyline Retail Real Estate Investment Trust dated December 15, 2014. A copy of the Confidential Offering Memorandum may be obtained upon request made to the attention of Skyline Wealth Management Inc. Investor Relations at 5 Douglas Street, Suite 301, Guelph, Ontario, N1H 2S8, or via email at invest@skylineonline.ca. All information contained herein is given as of October 1st, 2015, and while obtained from sources which are believed to be reliable, is not guaranteed as to its accuracy or completeness. The information is qualified entirely by reference to the Confidential Offering Memorandum. Investors should consult their professional advisors prior to making an investment decision and are referred to the risk factors and statutory rights referred to in the Confidential Offering Memorandum. This document is being supplied to you solely for your information and may not be reproduced, further distributed or published in whole or in part by any other person. This investment is available to Accredited Investors only or to those who are otherwise exempt. Past performance is not an indicator of further performance. 4 P a g e

Contact Skyline Wealth Management Inc. Skyline Wealth Management Inc. Investor Relations Department 5 Douglas Street, Suite 301 Guelph, Ontario N1H 2S8 Toll-free Phone Number: 1-888-977-7348 Phone Number: (519) 826-0439 Email: invest@skylineonline.ca 5 P a g e

Appendix A Geographic Diversification of Skyline Retail Real Estate Investment Trust Retail Square Footage by City City Square Footage Alliston 54,240 Aurora 19,009 Barrie 27,122 Casselman 20,136 Chatham 109,009 Coniston 24,678 Dryden 85,493 Grimsby 25,167 Hamilton 18,972 Hanover 30,298 Huntsville 21,484 Keswick 39,640 Kincardine 16,428 Listowel 13,514 Midland 16,984 Mount Forest 1,740 North Bay 21,432 Orangeville 202,258 Ottawa 30,123 Owen Sound 57,099 Port Elgin 39,904 Sault Ste. Marie 28,516 St. Mary s 34,877 Sudbury 25,060 Timmins 93,631 Trenton 1,780 6 P a g e

Walkerton 19,015 Wallaceburg 15,625 Waterloo 66,750 Windsor 133,628 Wingham 38,162 Total 1,327,803 7 P a g e