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

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

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

Comment by Frankie10on Jun 09, 2023 4:08pm
150 Views
Post# 35489198

RE:RE:LISTENED TO ANNUAL MEETING Q & A

RE:RE:LISTENED TO ANNUAL MEETING Q & A

Like I said, it will be interesting to see what assets are included in held for sale as at the end of Q2... assuming we disclose the composition of assets held for sale as we have historically.

things will get very interesting should Manji decide to sell more than the publicly disclosed disposition annual target. I hope he unwinds the leverage aggressively, knowing he can ramp it all the way back up and potentially buy an huge stake in another REIT once the macro improves. I hope he dosnt lose that Q1 conference call confidence.

He royally goofed on the debt, but I still believe in his vision. Brilliant thesis, horrible timing - in a market that I don't think ever understood what he was trying to build.

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