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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 25, 2024 9:00pm
104 Views
Post# 35846289

Should we be worried?

Should we be worried?Volume jumped about 60k end of day and looks like TD Securities was the big dumper:

https://money.tmx.com/en/quote/AX.UN/trade-history

Some big fund (Edgepoint?) is thinking a 8.8% dividend and a 6 months strategic review is not worth holding a few more months....not even tax loss selling or other reits that have screaming value here

Brutal man

Im not feeling good about a GAP closer after $7 cannot hold time and time again!
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