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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 a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. The Company’s portfolio comprises more than 100 commercial properties. Its properties include Bower Centre; Maynard Technology Centre; McCall Lake Industrial; Pepco Building; Alex Building; 1093 Sherwin Road; 1681... see more

TSX:AX.PR.E - Post Discussion

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Post by SNAKEYBOY on Sep 25, 2023 11:48am

Samir is in a corner

REIT sector has been flushed. A similar AFFO to Artis is NWH and is now 5.35.  Manji cant even run a NCIB. Could this strategic review be his final FLOP, or will he make a name for himself as a REIT legend
Comment by jmkOttawa on Sep 25, 2023 12:15pm
Perhaps it is you that is in the corner
Comment by Frankie10 on Sep 25, 2023 12:26pm
On days like today. If you understand the businesses you're invested in; and if you're not over-leveraged and/or over-exposed... today is a f%^king glorious day. Congratulations to all the longs and even to those who have been waiting for the most opportune time to enter at incredible valuations - this is how you build generational wealth. Cudos to all the longs who have done the work to ...more  
Comment by jmkOttawa on Sep 25, 2023 12:45pm
Words of serious wisdom..!!
Comment by SNAKEYBOY on Sep 25, 2023 12:54pm
There were posters saying "great deals on days like today" months  ago 25% higher for REITS.  It means nothing till you see what the recovery looks like, otherwise you can be skunked down another 20% next month!!!!!!!!!!!!