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Artis Real Estate Investment Trust (AX.UN:CA) Shareholder/Analyst Call Prepared Remarks Transcript
TORONTO, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Halcyon International Limited (“Halcyon”) issues this press release pursuant to National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in respect of its holdings in Artis Real Estate Investment Trust (“Artis”).
Artis Real Est In Tr (OTC:ARESF) Q2 2025 Earnings Conference Call August 8, 2025 1:00 PM ET Company Participants Heather Nikkel - Senior Vice President of Investor Relations & Sustainability Kim Riley - Chief Operating Officer Samir A. Manji - President, CEO & Trustee Conference Call Participants Anish Thapar - Scotiabank Global Banking and Markets, Research Division Jonathan Kelcher - TD Cowen, Research Division Operator Good afternoon.
Artis Real Est In Tr (ARESF) Q1 2025 Earnings Call Transcript
Artis Real Estate Investment Trust's Q4-2024 showed continued success with their deleveraging efforts. The REIT's secured a new $520 million in credit facilities, addressing upcoming debt maturities and lowering overall interest rates. We go over why we are still not smitten with this kitten and why the preferreds offer a good risk-reward.
Artis Real Est In Tr (OTC:ARESF) Q4 2024 Earnings Conference Call March 7, 2025 1:00 PM ET Company Participants Heather Nikkel - SVP, IR and Sustainability Samir Manji - President and CEO Jaclyn Koenig - CFO Conference Call Participants Jonathan Kelcher - TD Cowen Operator Good afternoon. My name is Joelle, and I will be your conference operator today.
Artis REIT's Q3-2024 results showed successful asset sales, reducing debt to gross book value ratio below 40%. Despite improvements, challenges remain with office sector exposure, lower market rents, and mixed occupancy rates, particularly in the US. We go over our thesis and tell you how we would play this.
Artis Real Est In Tr (OTC:ARESF) Q3 2024 Earnings Call Transcript November 8, 2024 1:00 PM ET Company Participants Heather Nikkel - IR Samir Manji - President and CEO Jaclyn Koenig - CFO Kim Riley - COO Conference Call Participants Jonathan Kelcher - TD Cowen Operator Good afternoon. My name is, Constantine, and I will be your conference operator today.
Artis REIT is deleveraging and heading in the right direction. Q2 2024 results show improvement in revenues, NOI, FFO, and AFFO. We go over the results and tell you why the higher yielding preferred shares are better despite less promising reset terms.
Artis Real Est In Tr (OTC:ARESF) Q2 2024 Earnings Conference Call August 9, 2024 1:00 PM ET Company Participants Heather Nikkel - IR Samir Manji - President and CEO Conference Call Participants Jonathan Kelcher - TD Cowen Operator Good afternoon. My name is Julie, and I will be your conference operator today.
On our last coverage, Artis REIT was paying a lofty dividend that was uncovered by its AFFO. We look at the Q1-2024 results and update our views. The recent asset sales are definitely helping in derisking the case, but we are still staying away from the common units.
Artis Real Est In Tr (OTC:ARESF) Q1 2024 Results Conference Call May 3, 2024 1:00 PM ET Company Participants Heather Nikkel - IR Samir Manji - President and CEO Jaclyn Koenig - CFO Kim Riley - COO Phil Martens - EVP, US Region Conference Call Participants Jonathan Kelcher - TD Cowen Jimmy Shan - RBC Capital Markets Operator Good afternoon, ladies and gentlemen. My name is Lara, and I'll be your conference operator today.
Artis's unit price has fallen significantly since the beginning of the rate hike cycle, and we wanted to take a closer look due to its low valuation and high yield. The REIT's portfolio consists of industrial, office, and retail assets in the US and Canada, with a focus on the US and Western Canada. Following the failure of the strategic review, Artis has focused on selling industrial and retail assets, increasing its office exposure.
Artis Real Est In Tr reported strong gains in office and industrial net operating income in Q4 2023. However, funds from operations, or FFO, and adjusted FFO per unit declined. The strategic review was called off.
Artis Real Estate Investment Trust (ARESF) Q4 2023 Earnings Call Transcript
Artis has felt the issues with rising interest expense married to a short debt maturity profile. Retail asset sales of $222 million were done just before Christmas. We examine the setup and tell you why we believe Artis can pull this off.
Artis Real Est In Tr (OTC:ARESF) Q3 2023 Earnings Conference Call November 3, 2023 1:00 PM ET Company Participants Heather Nikkel - IR Samir Manji - President and CEO Jaclyn Koenig - CFO Kim Riley - COO Conference Call Participants Fred Blondeau - Laurentian Bank Jonathan Kelcher - TD Cowen Jimmy Shan - RBC Mario Saric - Scotiabank Operator Good afternoon, ladies and gentlemen, and welcome to Artis Real Estate Investment Trust Third Quarter 2023 Results Conference Call. At this time, all lines are in a listen-only mode.
Artis REIT announced the establishment of a Special Committee to explore strategic alternatives to maximize value for unitholders. Q2-2023 results show strong net operating income (NOI) growth, driven by rent increases and foreign exchange gains. We dissect the NAV argument and give you a defensive play.
Artis Real Estate Investment Trust (OTC:ARESF) Q2 2023 Earnings Conference Call August 3, 2023 1:00 PM ET Company Participants Heather Nikkel - Investor Relations Samir Manji - President and Chief Executive Officer Jaclyn Koenig - Chief Financial Officer Kim Riley - Chief Operating Officer Phil Martens - Executive Vice President, U.S. Region Conference Call Participants Jonathan Kelcher - TD Matt Kornack - National Bank Financial Jimmy Shan - RBC Capital Markets Mario Saric - Scotiabank Operator Good afternoon, ladies and gentlemen. My name is JP and I will be your conference operator today.
Artis REIT had a strong quarter from a NOI perspective. Occupancies remained strong, even in the office segment. The numbers in the title look compelling, but we show you why we are still not biting.