Three years after being installed as president and CEO of Artis REIT (AX-UN-T) and announcing a “bold, pioneering and truly unique vision,” Samir Manji has issued his annual letter to unitholders to outline where things stand and where they’re going.
Unhappy with years of discounted stock prices, FC Private Equity Realty Management Corp. is calling for Melcor REIT’s (MR-UN-T) majority shareholder Melcor Developments to take the trust private in a buyout to return about $100 million to minority shareholders.
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