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 > Whats truly mind boggling to me

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Comment by Reece1986bon Aug 04, 2023 2:25pm

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Post# 35573888

RE:Whats truly mind boggling to me

I'm a bit surprised we didn't see the 'assets held for sale' immediately reloaded to $300-$400 million. AFFO will surely continue to struggle in the absence of further asset sales. The unit price likely would have dropped had the Strategic Review not been announced however it seems to me like we are sacrificing valuable time during which retail and industrial assets can still be readily sold for full IFRS value.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?