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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 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

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Post by garyreins on May 02, 2024 4:40pm

Hate reit reporting

Where payout is 100% or over. Always gotta have that divy cut anxiety. I lived through it in SOT, TNT, NWH AND DREAM OFFICE.  NOT PRETTY
Comment by Frankie10 on May 02, 2024 5:00pm
Sell $1B of assets, publicly buying Dream Office... and you think distribution cut is a thought? lol. Get help.
Comment by garyreins on May 02, 2024 5:02pm
its called capital allocation strategy....money on artis balance sheet makes a stronger company, but takes us to the cleaners given the sentiment right now
Comment by rad10 on May 03, 2024 6:40am
  Distribution is fine for the time being.  Listening in later today. AFFO 13 cents isn't stellar.
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