TSX:AX.PR.E - Post by User
Comment by
EstevanOutsideron Nov 04, 2023 7:48pm
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Post# 35717795
RE:We need to look at this objectively
RE:We need to look at this objectivelyI don't agree with this. I think if Artis spins off more office assets and becomes an industrial focused REIT they can see multiple expansion. Especially as they delever and become less risky in a falling rate enviornment. Not sure how feisible it is to continue selling office but industrial REITs capture a better multiple and this is a crafty way to get unit price appreciation without a total sale. Takes some work and maybe a name change/alteration but that is something I'd love to see.