Q: Yesterday, is was reported that Artis is "looking to sell retail and industrial assets in Alberta worth about C$300 million ($227 million) to diversify away from the oil-producing province"
This was not a corporate release. As an investor would have prefered to hear they had sold, rather than they are trying to get out of Alberta. In fact, I hate the idea that they are trying to unload Alberta assets now -- sounds like 'buy high sell low'.
Do you believe that they are is such a precarious state that they must unload these assets now? Would you be a buyer or seller of AX.UN now?
This was not a corporate release. As an investor would have prefered to hear they had sold, rather than they are trying to get out of Alberta. In fact, I hate the idea that they are trying to unload Alberta assets now -- sounds like 'buy high sell low'.
Do you believe that they are is such a precarious state that they must unload these assets now? Would you be a buyer or seller of AX.UN now?