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

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

TSX:AX.PR.E - Post by User

Artis Real Estate Investment Pref Shs Series E

Bullboard Posts

Comment by YellowBrickRoadon Nov 09, 2018 4:11pm

56 Views

Post# 28952939

RE:CUT THE DIVY TO 1.5 CENTS!

snakeplisken321 wrote: Keep buying back shares till the public float is under 100 million!

They can only do 10% of the float per year, so that would be about 15 million shares per year. That would put them around 120 million after two years. I don't think this will happen as quickly as you think it will.

They have to transform themselves from a high income REIT to a growth REIT. The share price may not move much until there is evidence this management can grow the NAV and that will take time.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?