RE:Not a fan You own the commons and prefs, and yet you are not a fan? Sell it and buy something you like?
I don't understand people's fixation with investing in things they don't understand and/or like simply because they have an exiesting position. I don't think tax is an issue here. Perhaps time to move on from the commons? Feed the NCIB. Swap for prefs or rotate into a REIT you like and feel more comfortable with.
Artis certainly isn't for everyone, and certainly doesn't behave like other REITs from a management perspective (as you duly note we have a *perpetual* fee to Sandpiper for investments made and held by Artis).
Lots of moving parts, completely dependant on Samir's ability to execute, and everything is covered in a shroud of secrecy. There have been MANY moments where I have been frustrated and confused by managment. I think the way you feel is perfectly understandable.
US exposure on the cusp of monetary policy divergence between US and Canada cannot be overstated. Certainly a positive at the moment imho.