TSX:AX.PR.E - Post by User
Comment by
Reece1986bon May 05, 2023 11:03am
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Post# 35432935
RE:Visibility of publicly traded investments
RE:Visibility of publicly traded investmentsArtis owns around 5.6 million Dream Office units according to their latest Annual Report (page 4). That is what they owned which is not jointly owned with Sandpiper. Here is the latest press release which we have saying around 7.5 million are owned betweeen Artis and Sandpiper: https://www.newswire.ca/news-releases/artis-real-estate-investment-trust-announces-14-ownership-together-with-its-joint-actors-in-dream-office-reit-865225968.html
Samir talks about the Artis investment in Dream Office here: https://www.artisreit.com/investor-link/letter-to-unitholders/
Samir made special mention of the value of the Dream Industrial units which Dream Office owned in the above linked webpage - surely the bane of Dream Office shorts right now!
BlueJay2020 wrote: Just looked at the Artis website and not a mention of the holdings it has in Dream Office etc. It seems weird to me that you wouldn't highlight this prominently as part of the investor proposition. I'm being lazy, but what are the current holdings it has, and their current value, in publicaly traded investments?
Picked up another 2,000 units at 6.96 this morning. Just feel the SP will be dragged higher by what's going on at Dream.