ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES RETENTION OF ADVISORS BY SPECIAL COMMITTEE
11 Settembre 2023 - 10:00PM
PR Newswire (Canada)
WINNIPEG, MB, Sept. 11,
2023 /CNW/ - Artis Real Estate Investment Trust (TSX:
AX.UN) ("Artis" or the "REIT") is pleased to announce
that the Board's previously established Special Committee (the
"Special Committee") has retained BMO Nesbitt Burns
Inc. ("BMO Capital Markets") to provide financial advisory
services to the REIT and Special Committee in connection with
Artis's previously announced strategic review process. Norton Rose
Fulbright Canada LLP is acting as legal counsel to the Special
Committee.
There can be no assurance that the strategic review process will
result in the REIT pursuing any transaction or that any alternative
transaction will be available to the REIT. Neither the Board
nor the Special Committee has set a timetable for completion of
this process and the REIT does not intend to disclose further
developments unless and until it determines that disclosure is
appropriate or necessary.
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Artis is a diversified Canadian real estate investment trust
with a portfolio of industrial, office and retail properties in
Canada and the United States. Artis's vision is to build
a best-in-class asset management and investment platform focused on
growing net asset value per unit and distributions for investors
through value investing in real estate.
SOURCE Artis Real Estate Investment Trust
Copyright 2023 Canada NewsWire
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