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Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

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

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.PR.E - Post by User

Post by unikon Jan 21, 2016 10:05am
230 Views
Post# 24480170

Artis..

Artis....a tad painful...but remember they still have 28% of portfolio in US,which was bot when Canadian dollar was @ par or above.They can make about 35% if they sell just on the currency exchange.Also they have the NCIB in place for over 13.7 million shares..hopefully they start buying soon.A tad overdone IMHO.Luck to all.
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