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 > Artis FFO and AFFO

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Comment by SNAKEYBOYon Dec 28, 2022 7:02pm

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Post# 35194530

RE:Artis FFO and AFFO

My opinion is it depends on how they allocate the net proceeds. FFO/share will go up as they start utilizing the NCIB to a significant degree, and the public securities they purchase the dividend will be added to FFO. Initially I wouldnt be surprised if it drops from 0.35/0.25 to 0.30/0.20 (give or take 0.02 in either direction).. BUT overtime, through the NCIB it should go back to 0.35/0.25 and possibly higher if they keep cancelling at $8/9 bucks!

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