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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

Post by thenewsnakeon Nov 23, 2023 9:03am
213 Views
Post# 35749786

EXIT STRATEGY

EXIT STRATEGYRegardless of what happens with Artis during the strategic review, we must conteplate what is sandpiper and joyce's ultimate exit strategy on a medium or long term basis.  Lets be real, artis increasing dividends anytime this decade seems unlikely.    So how will they pull their capital out? What kinda of appreciation are the expecting with SP? Maybe they can sell the REIT during good times for $15 en block, but real estate in general will be quite expensive then leaving limited capital recylcing options.  
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