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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

Post by yieldmachine on Aug 09, 2024 7:16pm

My take

I was really hoping this was going to be a much clearer quarter given the forecasting in previous press releases. It was pretty bland - yes nice to see dispositions finalized and more down the pipe but I left wanting more. Yes we are going to use the cash to reduce debt, and yes we are going to get more accretive acquisitions. 

What does this look like when this is all done? A future state picture needs to be painted for all to see.
Comment by garyreins on Aug 09, 2024 7:34pm
It's been that day since day 1. Sell assets and buy something else in the realm of public securities. The strategic review just gave them cover to go bigger