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Winnipeg's Artis REIT Moves to Sell Assets and Create Better Debt Terms

Trust has Deals in Place for For Retail Properties in Canada and Land South of The Border, Improving Leverage

Crowfoot Village is an Artis property in Calgary. The REIT is looking to sell property to pay down debt. (CoStar)
Crowfoot Village is an Artis property in Calgary. The REIT is looking to sell property to pay down debt. (CoStar)

Winnipeg-based Artis Real Estate Investment Trust said it has a deal in place for one retail property and seven industrial properties in Canada, and one parcel of land south of the border, as it looks to continue lowering its leverage.

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