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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

Artis Real Estate Investment Pref Shs Series E > Edgepoint owns 10.28% of Artis
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Post by EstevanOutsider on Oct 18, 2023 7:55pm

Edgepoint owns 10.28% of Artis

Good catch by SnakeyBoy (Gary). Sedar filing from two days ago shows Edgepoint now owns 10.28% of the REIT and is now a mandatory reporting filer:

"EdgePoint exercises control over 11,271,544 Units of the Issuer, representing a security holding percentage of approximately 10.28% as at September 30, 2023, as calculated in accordance with applicable securities legislation."

You can find the release on SEDAR PLUS.
Comment by garyreins on Oct 18, 2023 8:06pm
Yes it seems like a game changer of sorts, now that there is an additional BIG party with sandpiper and joyce.  The 3 of them taking this private seems like a stretch, as they likely have different goals and would just buy on open market cheaper.  I wonder if Edgepoint is going to make a run for control of artis....or if they just LOVE the value down here, when in reality theres other ...more  
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