RFA Financial (RFA.TO) has sold 34 properties since the merger with Artis REIT in February, the company said Wednesday.
Since February 1, RFA has completed $140.3 million in property sales, and currently has $178.5 million of unconditional contracts and $216.9 million of conditional sale agreements in place (including those previously disclosed), for a total $535.7 million of disposition activity.
The year-to-date sale price for all closed and unconditional transactions is 4.0% higher than when compared to the International Financial Reporting Standards values disclosed at June 30, 2025, the company said.
RFA Financial shares closed down $0.35, to $24.30, on Tuesday on the Toronto Stock Exchange.