RFA Financial Provides Real Estate Disposition Update Since Merger With Artis REIT
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.