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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s):  T.AX.UN | ARESF | 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 Oct 12, 2024 8:48pm

SIB OR ACQUISITION

Manji didnt sell the farm because he had nothin better to do.  He could have also taken out mortgages on unencumbered properties to get rid of high floating debt costs.   

What will it be? WE MAY JUST FIND OUT NEXT MONTH

Im holding onto my 130k dream office cause I think thats a realistic probability
Comment by DZtrader on Oct 13, 2024 12:15pm
I'll give you a little hint, as I have said for the entire year thus far, it ain't gonna be SIB! Just not his speed. Expect a ramp up in acquisitions, he has so much as already said so. Once CAD rates have bottomed out he will strategically place mortgages and continue with more purchases. I wouldn't even be surprised if the dispositions slow considerably from here or at minimum become ...more  
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