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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 a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. The Company’s portfolio comprises more than 100 commercial properties. Its properties include Bower Centre; Maynard Technology Centre; McCall Lake Industrial; Pepco Building; Alex Building; 1093 Sherwin Road; 1681-1703 Dublin Avenue; Keewatin Distribution Centre; 360 Main & Shops of Winnipeg Square; Hamilton Building; Bell MTS Building II; Grande Prairie Power Centre; Northern Lights Shopping Centre I; 2190 McGillivray Boulevard; 1431 Church Avenue; Prudential Business Park 1; 951-977 Powell Avenue & 1326 Border Street, 100 Omands Creek Boulevard, Hudson's Bay Centre, and others.


TSX:AX.PR.E - Post by User

Post by SNAKEYBOYon Aug 18, 2023 2:42pm
111 Views
Post# 35595335

I already rotated 30k in Artis to HR past month

I already rotated 30k in Artis to HR past monthIn 2026 I know exactly what HR will look like:
  • 60% residential
  • 25% industrial
  • 15% mixed-use
Or something around that based on the top of my head (its all in their investor presentation)

At that time, I expect they might even split it into 2 REITS and those entitis will trade at a small discount to the NAV like asset-class favorable REITS do.   In other words, potential for 60% capital gain in 3 years.

This clarity was always lacking with Artis, its a mixed bag of a bunch of stuff, and now office that is overweight, and in winnipeg/miinnesota not very enticing. 

Artis needs to pull some magic while HR simply needs to stay the course and incrementally get their asset allocation to levels they desire by 2026.

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