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.

TSX:AX.P.E - Post by User

Artis Real Estate Investment Pref Shs Series E > A couple things to consider here

<< Previous

Bullboard Posts

Next >>

Comment by DZtraderon Oct 14, 2023 7:24pm

53 Views

Post# 35684017

RE:RE:RE:Re: A couple things to consider here

"If nothing else it will prime the REIT to be sold at a later day or when the macro-improves."

If and when conditions improve, why would anyone even consider a sale? Thats when you run a reit, that's the reason you exist as a reit. Sell, ya I guess, when you are grossly over valued. That won't be happening for awhile. In fact, why even consider a sale here now?? Makes no sense to me, you sell into strength not weakness. Announcing this review seems to have stirred up the "get out of jail free" card. I said it immediately after the announcement, feels like a bit of a cop out, will see what happens.

<< Previous

Bullboard Posts

Next >>

These stocks are the top picks for Canadian ETFs