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 > < 10x AFFO multiple

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Post by garyreinson Mar 05, 2024 7:25pm

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Post# 35916931

< 10x AFFO multiple

Like many REITS trade (HR 9x AFFO, Artis 10x, BTB 8.5x, office 3-5x) is a 10%+ free cash flow on the reit, 10 year US 4.15% and CAD 3.5% like seriously 6-7% spreads here.....even if rates are held here for sometime it should be enough of a margin of value. providing no sky high 2024 debt maturities reits will be able to sustain dividends.

wall street shorts dont want to give these guys a better multiple like 12-15x and 7-8% free cash flow where they should be right now IMO.

Time to sue wall street for using these reits has nothing more than financial instruments to take our $

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