TSX:AX.PR.E - Post by User
Post by
SNAKEYBOYon Sep 23, 2023 9:25am
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Post# 35650576
Artis Office Assets
Artis Office AssetsCan anyone pull any data that can tell whether selling office assets individually is possible in the US at this time, and at what cap rate? I dont think us guys here know the liquidity of such things. I assume they derive their 7.2% cap rate for office based on recent transactions.
On another note, I expect since the 10 year moved up to 4.5% that further writedowns are coming for the REIT sector. I can see artis reporting $14.90 or something like that, and Manji is he magically squeezed out a $11ish sale looks like a mission accomplished