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Artis Real Estate Investment Trust (ARESF) Q1 2025 Earnings Call Highlights: Strategic Moves …

Aggregate Sale Price: $70.5 million from the sale of two industrial and two retail properties in Canada. Debt to Gross Book Value: 39.2% at March 31, down from 40.2% at December 31. Net Asset Value per Unit: $13.76 at March 31, compared to $13.75 at December 31. Occupancy Rate: 89.1% at March 31, slightly down from 89.2% at December 31. Leasing Activity: New 80,000 sq ft lease in Minnesota and a 99,000 sq ft seven-year renewal in Arizona. Renewal Increase: 4% weighted average increase on 123,000 sq ft of renewals....