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 a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. The Company’s portfolio comprises more than 100 commercial properties. Its properties include Bower Centre; Maynard Technology Centre; McCall Lake Industrial; Pepco Building; Alex Building; 1093 Sherwin Road; 1681-1703 Dublin Avenue; Keewatin Distribution Centre; 360 Main & Shops of Winnipeg Square; Hamilton Building; Bell MTS Building II; Grande Prairie Power Centre; Northern Lights Shopping Centre I; 2190 McGillivray Boulevard; 1431 Church Avenue; Prudential Business Park 1; 951-977 Powell Avenue & 1326 Border Street, 100 Omands Creek Boulevard, Hudson's Bay Centre, and others.

TSX:AX.PR.E - Post by User

Artis Real Estate Investment Pref Shs Series E

<< Previous

Bullboard Posts

Next >>

Post by SNAKEYBOYon Dec 22, 2023 5:08pm

152 Views

Post# 35798558

HO HO HO MERRY XMAS!

Samir may not be the fat man in red but he gave investors some unexpected gift with his 200m retail sale and more importantly optimism that the remaining retail will also be sold at a good price. $6.55 is hardly anything to cheer though. Seeing the NCIB be run next week on SEDI will also bode well.

I suspect that industrial is not being sold at all, as it would have likely done so already if they put it up for sale in August/Sept or possibly even OCT.

Hence when the reit becomes 60% industrial with much better balance sheet it could be back at $10 in a jiffy

<< Previous

Bullboard Posts

Next >>

3 Mid-Sized Stocks to Consider This Season