Public market insider buying at Artis REIT (AX)

Public market insider buying at Artis REIT (T:AX)

Samir Aziz Manji, CEO, Director and 10% Holder, acquired 90,275 Units on a control or direction basis for registered holder Salamat Investment Corporation at prices ranging from $11.850 to $12.352 between June 13th, 2022 and June 16th, 2022. This represents a $1,094,509 investment into the company's shares and an account share holdings change of 0.5%.

Artis REIT is in the Commercial REITs Sub Industry Group under the Real Estate Sector.

Artis Real Estate Investment Trust (the REIT) is a Canada-based closed-end real estate investment trust. The Company is focused on growth in net asset value per unit and distributions through value investing in real estate. The Company owns, manages, leases and develops primarily industrial, office and retail properties in Canada and the United States. The REIT's portfolio comprised approximately 207 commercial properties totaling approximately 22.5 million square feet of gross leasable area. The Company's Canadian portfolio includes approximately 45 industries, 23 offices and 33 retails properties. The Company's United States portfolio includes approximately 39 industries and 31 offices properties. Artis Real Estate Investment Trust (AX) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to recent regulatory filings, one insider has invested a total amount of $1,094,509.