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Artis Real Estate Investment Pref Shs Series E T.AX.P.A


Primary Symbol: T.AX.P.E Alternate Symbol(s):  T.AX.P.I | T.AX.UN | ARESF

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.P.E - Post by User

Post by SNAKEYBOYon Jun 15, 2022 10:51pm
216 Views
Post# 34760191

Selling industrial assets at 2% cap rate was a smart move

Selling industrial assets at 2% cap rate was a smart moveAll that cash they freed to lower debt and buy back shares now with the REIT bloodbath has shown to be a smart move.  I look forward to their hedge fund strategy and outsized returns
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