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

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

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 > Subsequent Events

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Post by Reece1986bon May 11, 2023 5:47pm

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Post# 35444214

Subsequent Events

Subsequent events section on Page 53-54 says:

"Subsequent to March 31, 2023, the following transactions took place..." "The REIT sold equity securities for aggregate net proceeds of $34,824." ($34.8 million)

This is either D or FCR since the other Artis holding was sold prior to March 31st.

I'm glad to see 1 Alberta retail property sold and 3 more Alberta retail properties under unconditional sale agreements. We had too much exposure to Alberta retail in my opinion.