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 > Just called the shorts to rain on Gary's parade

<< Previous

Bullboard Posts

Next >>

Comment by Mongoose1234on Dec 14, 2023 3:10pm

74 Views

Post# 35785253

RE:RE:Just called the shorts to rain on Gary's parade

doubt it, this is likely a just a small step in the strategic plan

it's likely $250M in sales? $200-300M? in that range, without me doing a really deep dive.
its not a material amount either way

i think it's one piece of a larger strategic play

my guess is that he will privatize when he has a managable portfolio that is more homogenious that he can deal with easily (and may already have a buyer for) when he privatizes it

cominar privatization and they had in the industrial sold simulataneously

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing