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 > THIS WEEK IS GOING TO BE LIT MAN

<< Previous

Bullboard Posts

Next >>

Comment by babybunnyon Oct 13, 2024 12:51pm

61 Views

Post# 36264606

RE:THIS WEEK IS GOING TO BE LIT MAN

Gary, the purpose of the NCIB is to purchase units as cheaply as possble, not to drive the price up so you can sneak out of your position with your tail between your legs. The current unit price of ~$8 is certainly attractive, as is $9, but why waste unitholder equity buying at $9 when with a bit of discipline buybacks can be done at $8? Any time the unit price rises sharply, Samir should put the brakes on the NCIB.

Baby Bunny

<< Previous

Bullboard Posts

Next >>

Pro Women’s Hockey League comes to NHL 25 in December