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Winnipeg

Artis REIT sells downtown Winnipeg 220 Portage office tower

Don Wilcox Commercial Transactions Winnipeg Jan. 9 2025

Artis REIT (AX-UN-T) has sold its 220 Portage Avenue office building and the adjacent Garry Street Parkade as many of the city’s downtown office properties continue being transferred from institutional to private ownership.

Artis ends strategic review, negotiates $520M in new credit facilities

RENX Staff Commercial REITs Winnipeg Dec. 13 2024

Artis REIT management says it has concluded a 16-month strategic review of the trust after $1.1 billion of property dispositions - which has made a significant dent in its debt - and securing $520 million of new senior debt facilities.

 

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