Artis REIT: Spin Spin Sugar

Posted on by John Sheehy

Artis will spin off its Retail assets to unitholders through a new listed REITArtis will separate its Industrial assets into a wholly owned structure to facilitate a future spinoff or saleArtis attributes $2.55/unit value to the Retail business. The remaining $12.85 of NAV is about $7 for Industrial and $6 for Office.Management accepts that diversification … Continue reading Artis REIT: Spin Spin Sugar