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Artis Sells 12 Buildings Across Canada, US for $520 Million

Winnipeg Firm Plans to Shed Up to $1 Billion of Noncore Properties Over Three Years
A Toronto office tower on Yonge Street, one of 12 buildings being sold by Artis. (CoStar)
A Toronto office tower on Yonge Street, one of 12 buildings being sold by Artis. (CoStar)
CoStar News
September 5, 2019 | 3:50 P.M.

Winnipeg-based Artis Real Estate Investment Trust, which last month hired two banks to look at "strategic alternatives" for the REIT that trades on the Toronto Stock Exchange, said it has sold or entered into deals valued at a total of $519.7 million for 12 assets.

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News | Artis Sells 12 Buildings Across Canada, US for $520 Million