TSX:AX.PR.E - Post by User
Post by
garyreinson Oct 21, 2023 10:04am
177 Views
Post# 35694398
Artis and NWH
Artis and NWHAre the only flicker of lights in this hated REIT sector. If you own only artis, take a look at NWH. They are more likely in my view to get a buyout of the entire REIT, as the former CEO has indicated he is going to propoe a transaction for the entire reit to the stategic review commitee on Oct 2. He also forwarded his shares on SEDI for a future sale. I expect that to be taken out shortly, while Artis is still a big question mark.
A liquidation even at say $9-10, while hostile to the real NAV, is decent liquidity on a big position and can instantly rotate in any CAD reit trading at near covid lows or lower. In fact that would be the a great silver lining to this past months huge drop, if in fact these 2 reits deliver soon.
Samir and PDL- get it done!
Thank you
-Gary Reins