TSX:AX.PR.E - Post by User
Post by
Northforce13on May 16, 2024 11:21pm
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Post# 36044738
Not a fan
Not a fanI own a small position in Artis, more weighted towards the Prefs.
Don't like:
* AFFO 0.13 Q1. Distribution 0.15. They are buying back shares which might alleviate the gap. AFFO yield/SP is 8%.
* CEO's 0.5% Sandpiper "asset management" agreement
* Properties diversified both in types of properties and countries; Canada and USA (57%). Many would view this as a positive, contrary to me.
GLTA