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Content tagged with: REITs

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.

 

Melcor increases offer to take Melcor REIT private

Don Wilcox Commercial REITs Alberta Nov. 26 2024

UPDATED WITH FC, TELSEC REPLY: Melcor Developments (MRD-T) has increased its offering for Melcor REIT (MR.UN-T) shares 11 per cent, to $5.50 per unit, as it continues efforts to take the trust private despite criticism from minority shareholders.

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