TSX:AX.PR.E - Post by User
Comment by
thenewsnakeon Nov 27, 2023 1:20pm
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Post# 35754721
RE:RE:RE:Artis Reit - Snake/Gary/et al
RE:RE:RE:Artis Reit - Snake/Gary/et al"A REIT is fundamentally made up illiquid assets"? Really. With exception of office I've seen many transactions in the REIT space this year. PMZ is even buying/acquiring secondary malls (2 this year and one last week) which is the most undesirable asset for pension funds and other investors, all going into a possible recession. Artis has sold 300m+ so far might be on pace for ~500m. Transactions by nature take a few months minimum but i wouldnt say the market is illiquid.