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

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

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 > SIB FOR $7.00 -15m shares

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Comment by EstevanOutsideron Aug 02, 2023 7:55pm

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Post# 35570168

RE:RE:RE:SIB FOR $7.00 -15m shares

If you do the math on Artis asset potential as I did, you could literally sell all the industrial and some retail and be left with the office & public seucirites/Cominar for free and have no debt. It would be very hard to come out below $12 if liquidating assets on the low end and I mean using low end transaction valuations.

Artis office is highly occupied and most of it is Class A.