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.

TSX:AX.P.E - Post by User

Artis Real Estate Investment Pref Shs Series E

<< Previous

Bullboard Posts

Next >>

Post by SNAKEYBOYon Sep 21, 2023 11:50am

49 Views

Post# 35647527

600m

Without getting into details, Manji needs to come into about 600m cash NET (after mortgages/closing costs). 400m to big debt repayment and 200m to a SIB at $8.50. Wont close the gap but could help AFFO share get back to 0.20 and therefore a $8-9 unit price until reits recover.

<< Previous

Bullboard Posts

Next >>

Morning Market Outlook for May 7, 2024