TSE:AX.UN
Artis Real Estate Investment Trust (AX.UN.TO)
8.82
-0.38 (4.13%)
as of Feb 3, 2026, 9:00:00 pm Market Open.
199 watching
Financials 
Technical Analysis 0
PAST TOP PICK
(A Top Pick Nov 21/06. Up .08%.) They continue to deliver on the B assets in A locations in western Canada and A assets in B locations. 40% of their portfolio comes up for renewal in the next 3 years. A good entry point.
Dennis Mitchell, CFAOwned
property mngmntinvestment
TOP PICK
70% cash flow coming from western Canada. Excellent management team. Focus on class B buildings in secondary cities, but recently made an acquisition of a good building in Calgary. Looking for distribution increases over the next couple of years as many of their “in-place rents” are below current market and will be raised on renewals.
Michael Simpson, CFAOwned
property mngmntinvestment
BUY
Enthusiastic supporter of Artis Reit. Focused on western Canada. 40% of their portfolio is up for maturity in the next 3 years and they are probably anywhere from 30 to 50% below market. Significant internal growth potential. In this pullback they are buyers.
Dennis Mitchell, CFAOwned
property mngmntinvestment
HOLD
Huge Alberta play with secondary quality product. Depends on the economy stained really strong. Recently made a series of acquisitions of higher-quality properties.
Charles DillinghamOwned
property mngmntinvestment
COMMENT
Big in Alberta. A lot of relatively new properties with leases below spot market. Good optimism for them to jump yields if Alberta stays strong. Fairly good yield.
Charles DillinghamOwned
property mngmntinvestment
TOP PICK
Have a really good portfolio put together. 40% is coming up for renewal in 2 years, of which 2/3 is in Calgary in particular. Is currently being leased significantly cheaper then the current rates in the market.
Dennis Mitchell, CFAOwned
property mngmntinvestment
TOP PICK
Retail, industrial and office. 60% of properties are in Alberta.
Sandy McIntyreOwned
property mngmntinvestment
PAST TOP PICK
(A Top Pick Nov 21/06. Up 10%.) (Formerly Westfield (WFD.UN-T).) Starting to really generate significant internal cash flow growth. Expecting significant upside.
Dennis Mitchell, CFAOwned
property mngmntinvestment
BUY
About two thirds of their operating income comes from Alberta. There have been some big rent increases as rents roll over. Strong management.
Michael Simpson, CFAOwned
property mngmntinvestment
TOP PICK
Commercial diversified in office, industrial and retail. Focused on markets west of Manitoba and up to the eastern edge of B. C. Strategy is to own primary assets in secondary markets or secondary assets in primary markets. Generated fantastic returns. Great management.
Dennis Mitchell, CFAOwned
property mngmntinvestment
'%20fill='%23ffffff'%3e%3cg%20id='Pager'%20transform='translate(423.000000,%201755.000000)'%3e%3cpath%20d='M243.295367,17.286474%20C243.68919,16.9045087%20244.327703,16.9045087%20244.721525,17.286474%20L249,21.4361302%20L253.278475,17.286474%20C253.672297,16.9045087%20254.31081,16.9045087%20254.704633,17.286474%20C255.098456,17.6684393%20255.098456,18.2877274%20254.704633,18.6696927%20L249.35654,23.856763%20C249.159628,24.0477457%20248.840372,24.0477457%20248.64346,23.856763%20L243.295367,18.6696927%20C242.901544,18.2877274%20242.901544,17.6684393%20243.295367,17.286474%20Z'%20id='Path'%20transform='translate(249.000000,%2020.500000)%20scale(-1,%201)%20rotate(-90.000000)%20translate(-249.000000,%20-20.500000)%20'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
