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 > Residential reits

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Post by ScroogeMcDuck1on Apr 04, 2024 11:08pm

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Post# 35971885

Residential reits

Interesting to hear this conversation. i too have avoided them as Im always concerned about them becoming a political scapegoat. But I just pulled up Ere, haven't looked at the one in years and its now a 7.3% yield with consistent rent increases. I am seeing debt issues in 2025 for it and elevated leverage and increased payout ratio, but these metrics seem pretty close to what we witness in our space here of underperforming office-diversified reits, not worlds different. Off topic, but anyone with insight and experience on Ere, I am interested in hearing analysis and thoughts and I may dip toes into it if you have good things to say, thanks.

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