TSX:AX.PR.E - Post by User
Comment by
Frankie10on Dec 22, 2023 9:09am
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Post# 35797362
RE:RE:RE:RE:RE:New Press Release - ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES UNCONDITIONAL SALE OF EIGHT CANADIAN RETAIL PROPERTIES
RE:RE:RE:RE:RE:New Press Release - ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES UNCONDITIONAL SALE OF EIGHT CANADIAN RETAIL PROPERTIES“We are also seeing very strong interest in Artis’s retail portfolio located in other Western
Canadian markets with the recent drop in bond yields further strengthening the large number of buyers who have expressed interest in one or more of these markets. This will position us well in our efforts to maximize value on dispositions that Artis is pursuing.”
To me it sounds like the direction is clear - he plans to sell more assets - specifically Western Canada retail portfolio (Artis' entire retail portfolio).