Brief: Artis Real Estate Investment Trust Provides Business Update Regarding Impact Of Covid-19
21/04/2020 22:12
April 21 (Reuters) - Artis Real Estate Investment Trust
AX_u.TO :
* ARTIS REAL ESTATE INVESTMENT TRUST PROVIDES BUSINESS
UPDATE
REGARDING IMPACT OF COVID-19
* ARTIS REAL ESTATE INVESTMENT TRUST - REIT'S CURRENT
LIQUIDITY
SUFFICIENTLY MEETS WORKING CAPITAL REQUIREMENTS, OBLIGATIONS AND
CAPITAL COMMITMENTS
* ARTIS REAL ESTATE INVESTMENT TRUST - HAS AMPLE LIQUIDITY
WHICH
INCLUDES CASH ON HAND AND UNDRAWN CREDIT FACILITIES
* ARTIS REAL ESTATE INVESTMENT TRUST - THERE ARE NO CREDIT
FACILITIES OR DEBENTURES MATURING PRIOR TO 2021.
* ARTIS REIT- EXPECTS COVID-19 PANDEMIC WILL CONTINUE TO
HAVE
LARGEST IMPACT ON RETAIL TENANTS, ACCOUNTED FOR 18% OF Q4-19
PROPERTY NET OPERATING INCOME
Source text for Eikon: ID:nCNWYsDL9a
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