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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 garyreinson Jan 05, 2024 6:36pm
111 Views
Post# 35813320

LIQUIDITY HOARD

LIQUIDITY HOARDGood call InvestSmarter. Manjis  mandate has now changed. Though NCIB is accretitive to AFFO and NAV, he must now use the liquditiy to "close the gap" which can be synonymous with providing a liquidity event for investors, most likely via a SIB.  A SIB would raise more questions than answers however without knowing if its going to be so the big players can use it to pull some $ out
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