Artis REIT: Trashed Stock With Bargain Price & Strategy That Will Build Value

Artis REIT's recent unit price (around C$9.15) is a 39% discount to IFRS Net Asset Value of $15.11/share. Artis trades at 9X 2018 AFFO, well below the 16X average for Canadian REITs and 19X average for US REITs. Artis' new strategic plan has similarities to the path followed by Dream Office which provided a total … Continue reading Artis REIT: Trashed Stock With Bargain Price & Strategy That Will Build Value

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