The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Jonathan Kelcher - TD Cowen - Analyst
: Thanks. Good afternoon. First question, and I don't think I'll get a huge response on this, but on the strategic or the special committee's strategic
reviews, another $500,000 in costs or so this quarter how long will that committee remain in place?
Question: Jonathan Kelcher - TD Cowen - Analyst
: Okay. Now is it like if I recall back a year ago, like it doesn't seem to me that like your the strategy that you guys had doesn't seem all that different
than what you guys have done with that with the special committee in place. Am I right in reading that?
Question: Jonathan Kelcher - TD Cowen - Analyst
: Okay, fair enough, and I agree hindsight is definitely not [20-20]. Or is 20-20? Just next on the incentive fee that I don't think it was disclosed the
exact amount, but it looks to be around $6 million. Can you maybe give us a little bit of color on what that relates to? And I guess secondly on that,
are there any more sort of opportunities like that on your balance sheet?
Question: Jonathan Kelcher - TD Cowen - Analyst
: Okay, so when the asset closes this quarter or Q4, whenever that one closes, we'll get the full amount then?
Question: Jonathan Kelcher - TD Cowen - Analyst
: Okay, and even though that's in NOI, that doesn't count as any sort of same property NOI, correct?
Question: Jonathan Kelcher - TD Cowen - Analyst
: Okay, thanks. I'll turn it back.
REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us
consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies.
AUGUST 09, 2024 / 5:00PM, AX_u.TO - Q2 2024 Artis Real Estate Investment Trust Earnings Call
| 
