DON'T LOOK NOWArtis is trading at a higher AFFO multiple (annualizing Q1)
Artis 0.18 x 4= 0.72 AFFO. $7.23= 10.07 AFFO
HR 0.26 x 4 = $1.04 AFFO. $10.25= 9.85 AFFO
HR has better balance sheet, less office and far more desirable properties and development pipeline. Very weird that we are not at 11-12x.