In July 2015, Gracorp concluded a $98.7 million sale/leaseback transaction for selected offices and lands of the Graham Group. A new entity – owned 75% by Artis REIT and 25% by the Graham Group – acquired the land and buildings at eight operational sites in Regina, Saskatoon, Edmonton, Calgary and Delta. The lease term is 19 years and the Gracorp real estate team is providing property management.

Artis REIT is a Winnipeg-based, TSX-listed real estate investment trust with properties valued in excess of $5.5 billion.

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