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 > PMZ AND HR TRADE AT ~14.5x AFFO MULTIPLE

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Comment by Reece1986bon Mar 03, 2023 7:06pm

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Post# 35318769

RE:PMZ AND HR TRADE AT ~14.5x AFFO MULTIPLE

I already have all the Artis I want however I'd be quite happy to pick up a couple thousand more units if the Artis delisting gets us a nice little dip nearer $8. There may very well be better investments out there however I don't think someone is likely to lose a lot of money buying from these levels. That's good enough for me.

SNAKEYBOY wrote:
ARTIS AT 11.64x. APPLYING THE SAME MULTIPLE WE GET $10.90 FOR ARTIS.

Bottom line is Artis is discounted 20%+ so taking some steps in the right direction could easily get it back to $10.00

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