RE:RE:RE:RE:RE:RE:Artis buybacks filed this morning I am correct.
No new mortgages, leaving assets unencombered for the strategic review. There will be no material changes in Artis until this strategic review is complete, leaving all options open to the committee.
Jimmy Shan
Okay. And then just lastly, on the liquidity side, I think you do have some unencumbered assets, $1.7 billion. Maybe can you remind me like why you are not putting new mortgages on those to pay-down the facility? Is it you are not going to get much savings or are those earmarked for sale? Maybe some color around why you are not tapping that, those unencumbered assets?
Samir Manji
So Jimmy, I will start and I will pass it over to Jackie. We have been going down that path as demonstrated in the comments we just offered a few minutes ago. But at the same time, as you suggested, part of what we are trying to balance is assets that are part of our disposition plan assets that may be brought into that disposition exercise. And then now with the announcement we have made, we just want to make around the strategic review. We want to make sure that we maintain the flexibility that unencumbered assets would have when it comes to potential buyers for those assets.