Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): T.AX.UN | ARESF | 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

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Post by garyreinson Aug 08, 2024 6:35pm

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Post# 36170380

NCIB half utilized

The REIT may purchase a maximum of 7,021,296 common units, 324,300 Series E preferred units and 457,554 Series I preferred units. As at June 30, 2024, the REIT purchased 3,344,824 common units at a weighted-average price of $6.32 under the current term
At June 30, 2024, Artis held equity securities with an aggregate fair value of $132,033. This includes equity securities of Dream Office Real Estate Investment Trust ("Dream Office") and First Capital Real Estate Investment Trust. On June 18, 2024, Artis announced that the REIT, together with its joint actors, had acquired a 20.75% ownership position in Dream Office.

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