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

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

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Artis Real Estate Investment Pref Shs Series E > Could something like this be in the cards?

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Comment by SNAKEYBOYon Sep 21, 2023 10:08am

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RE:Could something like this be in the cards?

Ironically I sugggested something like this 2 days ago, and InvestSmarter said to email IR. If they get the office off the books even it a 25% discount they address debt, and have a strong industrial/retail portfolio, and can SIB it up. Though how office would be removed and crystalized is yet unknown without a decent $2-3 share writedown (or doable)

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