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

Primary Symbol: T.AX.PR.E Alternate Symbol(s): 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

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Artis Real Estate Investment Pref Shs Series E > transaction liquidity

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Post by garyreins on Nov 19, 2024 7:44pm

transaction liquidity

the nugget podcast said lots of M & A in the states in summer/sept buying out at "premiums" to NAV, and expects that in that CAD reit space given the huge discounts to NAV

that begs the question, why isnt there any for these 20 listed tsx reits.....nothing is close to NAV and trading at historically cheap multiples with 8-10% implied cap rates...