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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

Real Estate REIT - Diversified
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 > NCIB could be funded by dumping fcr
View:
Post by garyreins on Jan 09, 2024 6:08pm

NCIB could be funded by dumping fcr

No excuses. I assume fcr was unloaded at 15 which is likely a minimal loss.  There's your ncib funds. Could Also take out a mortgage on a couple properties to fund ncib.  Endless options
Comment by rad10 on Jan 10, 2024 6:35am
The priority is deleveraging.  NCIB is a secondary consideration.
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