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.

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Artis Real Estate Investment Pref Shs Series E > The potential strategy with Dream Office

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Post by Incomeon Mar 05, 2024 8:07am

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Post# 35915246

The potential strategy with Dream Office

The end game for Artis may be to sell off what it can (industrial and retail). Pay off the floating rate debt. Then vend in the remaining office assets into Dream Office. They could do it on a NAV to NAV basis. It gets the combined REIT more trading liquidity and they can just ride out the storm. Thoughts?

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