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 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

Artis Real Estate Investment Pref Shs Series E

<< Previous

Bullboard Posts

Next >>

Post by garyreinson Feb 23, 2024 9:27am

85 Views

Post# 35895281

Dissolving the REIT

I still would venture to guess Manji is attemping to dissolve the REIT. Probably gave himself about a 8-12 months to execute, which would take us to summer at the latest. Why do I think this? Because he referenced his 3 year timeline, and concluding it with a tiny $7.50 SIB would be an embarrassment, nor warrant a "strategic review". Nothing outside of a dissolving a reit would really require a strategic review. FCR and HR underwent bold transformation business plllans that the board just comes up with. if the review flops thats another story

<< Previous

Bullboard Posts

Next >>

How does sponsorship affect share price?