RE:RE:RE:Stock buy backs and expected NAV by Q1.2022AX needs to prove that NAV gain. The appraisals/estimates by Cominar said it was a fair sale. I believe AX can deliver gains to prove that NAV, but it will take time, and until stuff sells, it will be a question mark on those gains. This is why AX didn't go up. Additionally, their SPNOI dropped, which is expected to reverse to neutral this year.
SNAKEYBOY wrote: Well, Artis is doing a NCIB and bought Cominar properties with a instant $1.30 FM gain and market tanked it to $11.xx. Such bearish sentiment in REITS that I dont think any reit can do much.