Artis REIT 2022 AR2
The report outlines Artis REIT's financial and operational performance for the fiscal year ended December 31, 2022, highlighting the progress of its Business Transformation Plan. Key achievements include the monetization of 24 properties for $514.1 million, the acquisition of a 32.64% interest in Cominar REIT, and the completion of several development projects such as Park 8Ninety V. The company also advanced its ESG initiatives by establishing an internal ESG Committee, conducting tenant and employee engagement surveys, and incorporating SASB reporting principles. Despite macroeconomic challenges and rising interest rates, Artis maintained a stable portfolio occupancy of 90.1% and slightly increased its net asset value per unit to $17.38.
Company: Artis REIT
Sector: Financials
Country: Canada
Year: 2022
Type: AR2
Pages: 68
Artis REIT
Annual Report
The report outlines Artis REIT's financial and operational performance for the fiscal year ended December 31, 2022, highlighting the progress of its Business Transformation Plan. Key achievements include the monetization of 24 properties for $514.1 million, the acquisition of a 32.64% interest in Cominar REIT, and the completion of several development projects such as Park 8Ninety V. The company also advanced its ESG initiatives by establishing an internal ESG Committee, conducting tenant and employee engagement surveys, and incorporating SASB reporting principles. Despite macroeconomic challenges and rising interest rates, Artis maintained a stable portfolio occupancy of 90.1% and slightly increased its net asset value per unit to $17.38.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees