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

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

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.

TSX:AX.P.E - Post by User

Artis Real Estate Investment Pref Shs Series E > STRATEGIC REVIEW

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Comment by SNAKEYBOYon Sep 08, 2023 10:52pm

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Post# 35627328

RE:RE:RE:STRATEGIC REVIEW

I agree with Reece and communicated to Manji the urgency. The March banking debacle ruined office sentiment in literally under 3 weeks, in the US you cant even get financing for it, based on what Cooper is saying. Dont want to risk a hard landing or more hikes and then be stuck with ZERO options and a total illiquid market.

I dont know what they should do with the public securities to be honest, was obviously a mistake to buy them, however, if they deem using the ~200m or whatever it is to fund a low-ball SIB on artis for $8 bucks it may ripen artis for a buyout.

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