Artis REIT: Good Results, But Appreciation Depends On New Strategic Initiatives

Artis 11/6 unit price is a 26% discount to IFRS Net Asset Value of $15.72/unit Artis trades at 8.6 X 2019 FFO, well below the 17X average for all Canadian REITs and 16X average for all US REITs The strategic initiatives announced in November 2018 have been aggressively implemented and the benefits are reflected in … Continue reading Artis REIT: Good Results, But Appreciation Depends On New Strategic Initiatives

Artis REIT: Strong Operating Results Overshadowed Strategic Initiatives

Artis 8/2 unit price is a 22% discount to IFRS Net Asset Value of $15.37/unit Artis trades at 8.8 X 2019 FFO, well below the 14X average for all Canadian REITs and 16X average for all US REITs The strategic initiatives announced in November 2018 have been aggressively implemented and an independent Special Committee is … Continue reading Artis REIT: Strong Operating Results Overshadowed Strategic Initiatives

Artis REIT: Delivering Value Faster Than Expected

Artis 5/10 unit price is a 28% discount to IFRS Net Asset Value of $15.55/unit Artis trades at 8.5 X 2019 FFO, well below the 14X average for Canadian REITs and 19X average for US REITs The strategic initiatives announced in November 2018 have been aggressively implemented and a new Special Committee will consider further … Continue reading Artis REIT: Delivering Value Faster Than Expected

Artis REIT: Building Value That Will Eventually be Unlocked

Artis 3/15 unit price is a 31% discount to IFRS Net Asset Value of $15.55 per share Artis trades at 8X 2019 FFO, well below the 14X average for Canadian REITs and 19X average for US REITs The strategic initiatives announced in November 2018 have been aggressively implemented Shares may not trade at fair value … Continue reading Artis REIT: Building Value That Will Eventually be Unlocked

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