Artis Real Estate Investment Trust

AX.UN-T

Analysis and Opinions about AX.UN-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
May 23, 2014

Not one of her preferred REITs. Tended to grow somewhat aggressively without a huge view in terms of strategy of what markets and products they were in, in terms of property classes and quality of the assets.

Not one of her preferred REITs. Tended to grow somewhat aggressively without a huge view in terms of strategy of what markets and products they were in, in terms of property classes and quality of the assets.

Michele Robitaille
Portfolio Manager, Guardian Capital
Price
$15.980
Owned
No
PAST TOP PICK
PAST TOP PICK
April 29, 2014

(Top Pick Jun 17/13, Up 9.67%) It continued to do better after he sold. He was concerned about offices in Calgary. The market is constantly in flux and the average worker has much more space than in Toronto. Looking for a pullback to get back in.

(Top Pick Jun 17/13, Up 9.67%) It continued to do better after he sold. He was concerned about offices in Calgary. The market is constantly in flux and the average worker has much more space than in Toronto. Looking for a pullback to get back in.

Derek Warren
Asst Vice President, Lincluden Investment Mgmnt
Price
$15.910
Owned
No
BUY
BUY
April 28, 2014

Likes it. Their debt does not require that they pay back much over the next 2-3 years.

Likes it. Their debt does not require that they pay back much over the next 2-3 years.

Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$15.950
Owned
No
PAST TOP PICK
PAST TOP PICK
March 19, 2014

(A Top Pick April 4/13. Up 5.04%.) Continues to like. Doesn’t feel they have gotten enough credit with respect to what they have done to the balance sheet and payout ratio. Management unfortunately has been faced with a “we’ll wait and see” from most investors. They are now starting to come into the name. It will re-rate to a higher multiple from his perspective. About 20% invested in the US.

(A Top Pick April 4/13. Up 5.04%.) Continues to like. Doesn’t feel they have gotten enough credit with respect to what they have done to the balance sheet and payout ratio. Management unfortunately has been faced with a “we’ll wait and see” from most investors. They are now starting to come into the name. It will re-rate to a higher multiple from his perspective. About 20% invested in the US.

Michael Missaghie
VP & Sr. Portfolio Manager, Sentry Investments
Price
$15.650
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 28, 2014

(Top Pick Feb 22/13, Up 5.63%) Most of assets are concentrated in the west. They bounced back. The geography is important. Well run, good dividend, good cash flow and low payout.

(Top Pick Feb 22/13, Up 5.63%) Most of assets are concentrated in the west. They bounced back. The geography is important. Well run, good dividend, good cash flow and low payout.

Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$15.670
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 26, 2014

(Top Pick Jun 17/13, Up 5.55%) He was worried about the development of office properties in Calgary. This is one he thinks he should have bought back at the bottom. The US properties have performed very well. Concern in Calgary is that he is not sure if the oil companies will use all the office space being built.

(Top Pick Jun 17/13, Up 5.55%) He was worried about the development of office properties in Calgary. This is one he thinks he should have bought back at the bottom. The US properties have performed very well. Concern in Calgary is that he is not sure if the oil companies will use all the office space being built.

Derek Warren
Asst Vice President, Lincluden Investment Mgmnt
Price
$15.540
Owned
No
BUY
BUY
February 11, 2014

Likes this. It is diversified in a proper way. Focused out West and has office as well as having some rational exposure to the US. Very good operators. Trades at a bit of a discount compared to Northwest Healthcare Property REIT (NWH.UN-T).

Likes this. It is diversified in a proper way. Focused out West and has office as well as having some rational exposure to the US. Very good operators. Trades at a bit of a discount compared to Northwest Healthcare Property REIT (NWH.UN-T).

Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management
Price
$15.310
Owned
Yes
BUY
BUY
January 24, 2014

(Market Call Minute.) Represents some pretty good value. Trading at a substantial discount to NAV. They don’t get enough credit for some of the acquisitions they made in the US.

(Market Call Minute.) Represents some pretty good value. Trading at a substantial discount to NAV. They don’t get enough credit for some of the acquisitions they made in the US.

Andy Nasr
VP & Investment Strategist, Sentry Investments
Price
$15.000
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 24, 2014

(A top pick Feb 22/13. Up 0.66%.) Really likes their properties and where they are located. Good management. Good cash flow. Feels this could outperform by increasing earnings going forward. Still recommending this for his income oriented people.

(A top pick Feb 22/13. Up 0.66%.) Really likes their properties and where they are located. Good management. Good cash flow. Feels this could outperform by increasing earnings going forward. Still recommending this for his income oriented people.

Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$15.000
Owned
Yes
PAST TOP PICK
PAST TOP PICK
January 17, 2014

(A Top Pick June 17/13. Up 0.62%.) Sold his holdings. Their US holdings are doing very well and you are getting the currency benefit. He is a little suspicious of their exposure to the Calgary office market. If you own, be patient and you’ll be fine.

(A Top Pick June 17/13. Up 0.62%.) Sold his holdings. Their US holdings are doing very well and you are getting the currency benefit. He is a little suspicious of their exposure to the Calgary office market. If you own, be patient and you’ll be fine.

Derek Warren
Asst Vice President, Lincluden Investment Mgmnt
Price
$14.960
Owned
No
BUY
BUY
December 30, 2013

Likes it and the yield. Broad based business. There will be pressure down if interest rates go up. They can increase dividends which would offset an increase in bond yield. Thinks they are okay.

Likes it and the yield. Broad based business. There will be pressure down if interest rates go up. They can increase dividends which would offset an increase in bond yield. Thinks they are okay.

Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$14.680
Owned
Yes
COMMENT
COMMENT
December 20, 2013

His favourite Canadian REIT because they have a lot more properties out West, including Alberta, Manitoba and Minnesota.

His favourite Canadian REIT because they have a lot more properties out West, including Alberta, Manitoba and Minnesota.

Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$14.600
Owned
Yes
BUY
BUY
December 17, 2013

(Market Call Minute) Been beat up too much and some good upside now.

(Market Call Minute) Been beat up too much and some good upside now.

Derek Warren
Asst Vice President, Lincluden Investment Mgmnt
Price
$14.310
Owned
Unknown
HOLD
HOLD
December 16, 2013

(Market Call Minute) Hold for dividend only.

(Market Call Minute) Hold for dividend only.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$14.260
Owned
No
COMMENT
COMMENT
December 13, 2013

High quality diversified REIT with a pretty good yield of 7.5%. Suffered with all the REITs since spring. Question is going to be what the cash flow is worth to people. Thinks the dividend is sustainable. Growth is going to be harder to find than it has been in the last 2 years. Had been trading at very high multiples that allowed them to buy properties, bring them in and get a lift.

High quality diversified REIT with a pretty good yield of 7.5%. Suffered with all the REITs since spring. Question is going to be what the cash flow is worth to people. Thinks the dividend is sustainable. Growth is going to be harder to find than it has been in the last 2 years. Had been trading at very high multiples that allowed them to buy properties, bring them in and get a lift.

Jeff Young
Co-CEO & CIO, NexGen Financial
Price
$14.280
Owned
Unknown
Showing 91 to 105 of 251 entries