Artis Real Estate Investment Pref Shs Series E T.AX.P.E

Alternate Symbol(s): T.AX.P.I | T.AX.UN | ARESF

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

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Artis Real Estate Investment Pref Shs Series E > Don't worry about Q1

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Post by HermannHalleron Apr 02, 2023 9:36pm

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Post# 35375281

Don't worry about Q1

A REIT business is fairly predictable, I am sure they knew what the quarter looked like mid month when the NCIB was active. Rent gets paid monthly, it's not like a manufacturing business that was trying to get a couple of large sales signed and out the door before quarter end.

I think it is far more likely that there is some other pending news which they had to restrict themselves for. Maybe an asset sale, debt refinancing, or some new joint venture. Hopefully something is announced in next few days.

GLTA

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle