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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 20, 2024 9:00pm
143 Views
Post# 35837666

I gotta be honest about something

I gotta be honest about somethingNo NCIB running past month on any share type is a bullish sign in my view.  It at least its not a status quo show or just a tiny pivot from strategy.   Think something material can be announced any day now, but likely still expect Feb-April being the sweet spot.  If this trd of a reit sector can move a bit higher and rates a bit lower Manji should be able to clinch it.  Nows probably the  perfect time for REAL ESTATE buyers- try to get a small discount on properties, even if rates are high....cause you can ALWAYS REFINANCE later, but you cant get a discount on good real estate for long!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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