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 > Thoughts on Debt and Valuation

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Comment by babybunnyon Oct 17, 2023 8:52pm

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Post# 35688220

RE:RE:RE:Thoughts on Debt and Valuation

Sorry Frankie, I thought you were suggesting the debt liability, rather than Artis stock, should be worth more because of the debt structure. I definitely agree with you that the (ever-diminishing) debt at low fixed rates should be marked down slightly as a liability, boosting the value of Artis units. I don't believe this is factored into the official NAV, so this is an adjustment the investor must make.

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