Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by Frankie10on Feb 02, 2024 9:58am
61 Views
Post# 35859235

RE:RE:RE:SIB coming this month for Artis?

RE:RE:RE:SIB coming this month for Artis?

You can back into it by simply asking yourself why the buybacks of the preferred units stopped? Have we decided against paying down debt? The prefs, at current prices, yield above 10%... by far the safest use of proceeds on disposition recently announced. It's clear that more sales are in the pipeline... yet no buybacks. Could only mean something is cooking that is preventing them from buying back stock. Maybe a SIB, maybe something else... 

Complete speculation. Happy to hear why anyone disagrees with the above. Please poke holes.

sorry for answering on your behalf. If your theory differs from the above rationale, I would love to hear it. Nice change of pace from the silliness that takes place on this board these days.

Olhausen wrote: BB 
iI am interested in what you are seeing!
Could you please elaborate and describe  "All signs" that you are seeing? I am hoping for the same however I'm not seeing any signals of action to that regard.
thanks

 

<< Previous
Bullboard Posts
Next >>