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 > Asset sales

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Post by garyreinson Nov 04, 2023 10:10pm

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Post# 35717919

Asset sales

If Manji was just going to sell a ton more assets and even in bulk fashion, could he not just say they were targetting 500m-1b in asset sales, and will continue with NCIBs and possible SIB, depending on market conditions. That alone may make the SP stronger. Isnt that what FCR and AP did without a strategic review.

The strategic review has to be more than big asset sales and buybacks.

Edgepoint is there too. Hard to decipher how this will end but at this juncutre Im definitely expecting a result, something to get SP to $9 before 2024.

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