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Artis Real Estate Investment Trust Units (AX-UN.TO)

Artis Real Estate Investment Trust Units (AX-UN.TO)
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Artis Real Estate Investment Trust is an unincorporated closed-end real estate investment trust created under, and governed by, the laws of the Province of Manitoba. The REIT owns, manages, leases and develops industrial, office, retail and residential properties in Canada and the United States, and holds other real estate investments. The segmented information for Canada and U.S. presented below includes the REIT's proportionate share of revenue, expenses, assets and liabilities of investment properties held in equity accounted investments which were set up to develop and operate specific investment properties.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 300,369 335,837 372,512 419,499 458,917
Sales Growth -10.56% -9.85% -11.20% -8.59% -12.03%
Net Income -47,414 -332,068 -5,294 389,175 21,543
Net Income Growth +85.72% -6,172.53% -101.36% +1,706.50% -82.45%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 2,803,161 3,735,030 4,553,913 4,576,024 4,859,841
Total Assets Growth -24.95% -17.98% -0.48% -5.84% -8.82%
Total Liabilities 1,222,186 2,018,698 2,324,754 2,120,671 2,525,944
Total Liabilities Growth -39.46% -13.17% +9.62% -16.04% -11.66%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 80,140 79,962 140,744 202,286 176,333
Operating Cash Flow Growth +0.22% -43.19% -30.42% +14.72% -13.50%
Net Cash Flow 1,810 162 -194,816 186,785 -7,713
Change in Net Cash Flow +1,017.28% +100.08% -204.30% +2,521.69% +64.10%
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