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Platinum Properties Group acquires 100-unit Kennedy Towers from longtime family ownership

Edmonton apartment tower sells for $18.68 million
Kennedy Towers is a 16-storey apartment building that has been family-owned since its development in the early 1960s. (CoStar)
Kennedy Towers is a 16-storey apartment building that has been family-owned since its development in the early 1960s. (CoStar)
By Lauren Rupe with
CoStar Research
August 28, 2026 | 7:31 P.M.

Platinum Properties Group Corp., a real estate investment firm based in Vancouver that offers individual investors to invest in 'turn-key' income properties, acquired Kennedy Towers, a prominent residential condo tower on Saskatchewan Drive with views of the downtown Edmonton skyline and river valley.

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News | Platinum Properties Group acquires 100-unit Kennedy Towers from longtime family ownership