Earnings
October 31, 2020 - TRP
New! TC Energy Corp. Q3-2020 Earnings - Price Target Update .....
October 30, 2020 - CU
New! Canadian Utilities Ltd Q3-2020 Earnings, Price Target Update .....
October 29, 2020 - FN
New! First National Financial Corp. Q3-2020 Earnings, Price Target Update .....
October 28, 2020 - AW.UN
A&W Revenue Royalties Income Fund - Q3-2020 Earnings, Price Target Update .....
October 25, 2020 - AP.UN
Allied Properties REIT - Q2-2020 Earninng, Price Target Update .....
October 24, 2020 - NWH.UN
Northwest Healthcare Properties REIT - Q2-2020 Earnings, Price Target Updat .....
October 23, 2020 - RCI.B
Rogers Communications Inc. Q3-2020 Earnings & Price Target Update .....
October 22, 2020 - LB
Laurentian Bank of Canada - Q3-2020 Earnings, Price Target Update .....
Recommendation Changes
AW.UN, RCI.B, BPF.UN, EXE, AX.UN, more...

Artis REIT - Q2-2020 Earnings, Price Target Update

This is only a sample of the article, please login to view the entire article

Artis REIT(AX.UN) is a diversified Canadian REIT investing in office, retail and industrial properties located in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and select markets in the United States. As of Jun-30-2020 the portfolio was comprised of 216 properties (valued at $5.3B) comprising 23.8M sq. ft. compared to 237 properties with 24.8M sq. ft. as at Dec-31-2017. The strategy has been to reduce their exposure to Alberta properties, focus on fewer markets and shift towards holding US real estate. Office properties contribute 48% of net operating income, retail at 17% and Industrial at 35%. By location 16% of net operating income is from Alberta, Ontario – 14%, US -54% and other Canadian at 19%. The US properties, are mainly industrial and office properties. Retail is primarily located in Alberta, Saskatchewan and Manitoba.

Development

2019 - completed five new industrial development projects located in key target markets in the U.S., adding 1.5M sq. ft. in Greater Houston Area, Texas, the Greater Denver Area, Colorado and the Greater Phoenix Area, Arizona. Three of these projects were 100% leased before completion

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
October 30, 2020
New! Coverage Universe - Weekly Price Change: Oct 23-30, 2020
October 23, 2020
Coverage Universe - Weekly Price Change: Oct 16-23, 2020
October 16, 2020
Coverage Universe - Weekly Price Change: Oct 9-16, 2020
October 9, 2020
Coverage Universe - Weekly Price Change: Oct 2-9, 2020
October 2, 2020
Coverage Universe - Weekly Price Change: Sept 25-Oct 2, 2020
September 25, 2020
Coverage Universe - Weekly Price Change: Sept 18-25, 2020
September 18, 2020
Coverage Universe - Weekly Price Change: Sept 11-18, 2020
September 11, 2020
Coverage Universe - Weekly Price Change: Sept 4-11, 2020