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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 ScroogeMcDuck1on Mar 21, 2024 8:23pm
142 Views
Post# 35946145

Dream office

Dream office With Ax increasing exposure to D what is the case for stock price appreciation for D? With a cut dividend and management not trying to be aggressive with sales, who is the end buyer of D shares and how will it recover.  I agree its undervalued and has assets that van be sold to demonstrate value, but who will substantially buy in to D and hold it, and what would be a reason to buy and hold it.  manji states in his letter that its a takeout candidate, but what are ways that the stock price can go up other than a saviour buying it as a whole
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