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

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Artis Real Estate Investment Pref Shs Series E > There was no hint of the 8 Calgary properties being sold

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Post by garyreins on Dec 22, 2023 8:48pm

There was no hint of the 8 Calgary properties being sold

which was a non-trivial amount of 200m. Maybe they have the US madison office portfolios and other assets like MAIN also up for sale. Unloading retail is not necesarily strategic if you still have a diversified reit with office NOI % going up unless its to be split up somehow. who wants to own a 60% office and 40% industrial reit with IRIS?

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