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 > SPECIAL DISTRIBUTION

<< Previous

Bullboard Posts

Next >>

Comment by rad10on Nov 23, 2023 9:57am

74 Views

Post# 35749898

RE:RE:SPECIAL DISTRIBUTION

InvestSmarter wrote: Possible no special distribution. It all depends on the cost base of the assets sold. Lots of office sold, possibly below "book" value but at NAV.

garyreins wrote: What do you think it'll look like this year? Last year it was 0.16 with 0.08 in cash. Good for rrsp or tfsa and even a bit ahead in non registered unless you're 50% +tax bracket.

wouldn't you rather they paid down debt and / or bought preferreds? Eye watering leverage.

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages