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Artis Takes Itself Off the Market During Pandemic

Winnipeg REIT Owns 220 Buildings; About Half Its Income Comes From US Properties

Hudson's Bay tower in Denver is one of 220 properties owned by Winnipeg-based Artis Real Estate Investment Trust. (CoStar)
Hudson's Bay tower in Denver is one of 220 properties owned by Winnipeg-based Artis Real Estate Investment Trust. (CoStar)

The coronavirus pandemic has halted the battle for Artis Real Estate Investment Trust. The REIT's board said market conditions are ruling out a strategic acquisition for holdings that include 25 million square feet of space and properties in five U.S. states.

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