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.

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Artis Real Estate Investment Pref Shs Series E > So let me get this straight

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Comment by Reece1986bon Jul 17, 2023 12:15pm

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Post# 35544278

RE:So let me get this straight

Sandpiper fee is 0.5%/year on REIT investments. Only $1.5 million/year for $300 million. Samir has staked Sandpiper's reputation on Artis. I don't think the fee income is relevant which is probably why he is selling these REIT investments.