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

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

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Post by SNAKEYBOYon May 11, 2023 10:18pm

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Post# 35444597

12PM CONFERENCE CALL- BE THERE

I predict Artis will likely go up a bit, because the 8.7% yield doesn't look like its in jeopardy for 2023.....maybe 2024 but that depends on where rates go and no one can tell that far into the future.

The NCIB will continue to feast and Manji may want to scoop up a bit more in the $6's.

The asset sales also add a small amount of safety that they can meet debt obligations and liquidity and are not taking writedowns to sell them.

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Geologica Resource: Polymetallic upside at a depressed price