A.M., Artis REIT, Winnipeg, MB

Shindico Realty acted as advisors for a major real estate transaction in Downtown Winnipeg. They demonstrated that an existing property with sub-par revenues and significant physical deficiencies could be overcome with a market-oriented strategy involving an multi-year plan of capital expenditures and market rent adjustments. After four years, we can confirm that the expectations set by Shindico and ourselves have become reality, we both came out as winners here. We are pleased with the operating results of our investment and are proud of the improved standard of the facility.