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 > Artis' credit facility debt plunges

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Post by EstevanOutsideron Aug 02, 2023 11:36pm

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Post# 35570376

Artis' credit facility debt plunges

From $901 million in Q4 2022 to $513 million in Q2 2023. Big progress and will help on the variable debt front. Also the buybacks YTD are saving $3.6 million on future distribution payments not including the preferreds retired at a huge discount.

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