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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.P.E

Alternate Symbol(s):  T.AX.P.I | T.AX.UN | ARESF

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... see more

TSX:AX.P.E - Post Discussion

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Post by Frankie10 on Apr 10, 2024 1:38pm

8Ninety SOLD

That's another $300M of asset dispositions. Closing in on $1B since the special committee was assembled. That's enough cash to buy some REITs entirely. *eats popcorn*
Comment by garyreins on Apr 10, 2024 1:43pm
https://therealdeal.com/texas/houston/2024/04/10/kkr-buys-houston-industrial-complex-for-234m/
Comment by garyreins on Apr 10, 2024 1:48pm
We assumed the industrial assets would go easy at FMV....not necessarily a big event (now artis is mostly office), but the *proper capital allocation can help derisk and bump AFFO  bit.  remains to be seen
Comment by Frankie10 on Apr 10, 2024 2:07pm
You are just insufferable. Blocked for the millionth time.
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