Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSX:AX.PR.E - Post Discussion

Post by HermannHaller on Jun 21, 2021 8:24am

HALTED!

News pending.
Comment by Galove on Jun 21, 2021 8:39am
  3minutes ago by Thomson Reuters Companies Mentioned: AX.UN   June 21 (Reuters) - Artis Real Estate Investment Trust : * ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES SALE OF GTA INDUSTRIAL PORTFOLIO FOR $750 MILLION * ARTIS REAL ESTATE INVESTMENT TRUST - TRANSACTION IS EXPECTED TO GENERATE NET PROCEEDS OF APPROXIMATELY $734 MILLION Source text for Eikon ...more  
Comment by apollojetic on Jun 21, 2021 8:40am
Artis enters into an agreement to sell GTA industrial portfolio for $750.0 million, representing a price per square foot of $297 Sale price for the transaction exceeds the REIT's most recently reported IFRS fair value of $550.7 million by 36.2% Transaction is expected to generate net proceeds of approximately $734 million that will be used to strengthen ...more  
Comment by apollojetic on Jun 21, 2021 8:47am
The price they received looks like there might have been a bidding war. The big question is....Who bought these properties?
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities