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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 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.


TSX:AX.PR.E - Post by User

Comment by Catchtherallyon Sep 23, 2023 10:36am
73 Views
Post# 35650633

RE:RE:Artis Office Assets

RE:RE:Artis Office Assets
nav 16.28
 
40% industrial is $6.51
12.5% retail is 2.01
46% office is $7.48
 
Applying 15% discount to retail and industrial gives us $7.22 per share. 
 
Applying 50% on office is 3.75 a share 
 
Total $11 a share at pretty Reasonable discounts. Doesn’t include equity investments in fcr,D, cominar
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