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.

TSX:AX.PR.E - Post by User

Artis Real Estate Investment Pref Shs Series E > Whats taking so long?

<< Previous

Bullboard Posts

Next >>

Post by thenewsnakeon Nov 20, 2023 10:33pm

169 Views

Post# 35745690

Whats taking so long?

If something *significant is not in the works for this review with 4months + 200k plus spent, then what exactly are they doing?

A well-established plan is selling more assets, SIBing the commons or preferreds, taking out fixed rate mortgages on unencumbered properties......coming up with this "plan" and executing should have been done by now. There's nothing inherently complex about it or need for secrecy.

Attemping to sell or privatize the reit then maybe....

unless manji is purposely just buying himself time to the ncib renews and doesnt want to get margin-called in the $5's

<< Previous

Bullboard Posts

Next >>

Options trading in a volatile macro environment