Artis Real Estate Investment Trust

TSX:AX.UN Stock Report

Market Cap: CA$748.8m

Artis Real Estate Investment Trust Management

Management criteria checks 3/4

Artis Real Estate Investment Trust's CEO is Samir Manji, appointed in Jan 2021, has a tenure of 4.17 years. total yearly compensation is CA$1.72M, comprised of 46.5% salary and 53.5% bonuses, including company stock and options. directly owns 2.89% of the company’s shares, worth CA$21.64M. The average tenure of the management team and the board of directors is 3.9 years and 4.2 years respectively.

Key information

Samir Manji

Chief executive officer

CA$1.7m

Total compensation

CEO salary percentage46.5%
CEO tenure4yrs
CEO ownership2.9%
Management average tenure3.9yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Samir Manji's remuneration changed compared to Artis Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$118m

Jun 30 2024n/an/a

-CA$244m

Mar 31 2024n/an/a

-CA$330m

Dec 31 2023CA$2mCA$800k

-CA$345m

Sep 30 2023n/an/a

-CA$386m

Jun 30 2023n/an/a

-CA$344m

Mar 31 2023n/an/a

-CA$280m

Dec 31 2022CA$1mCA$800k

-CA$21m

Sep 30 2022n/an/a

CA$166m

Jun 30 2022n/an/a

CA$301m

Mar 31 2022n/an/a

CA$537m

Dec 31 2021CA$3mCA$523k

CA$372m

Compensation vs Market: Samir's total compensation ($USD1.20M) is about average for companies of similar size in the Canadian market ($USD1.15M).

Compensation vs Earnings: Samir's compensation has increased whilst the company is unprofitable.

CEO

Samir Manji (55 yo)

4yrs

Tenure

CA$1,721,264

Compensation

Mr. Samir A. Manji, CPA is the Chief Executive Officer of Sandpiper Group Holdings Inc. He is Chief Executive Officer at Sandpiper Asset Management, Inc. He founded the firm. He serves as Trustee at Artis...

Leadership Team

NamePositionTenureCompensationOwnership
Samir Manji
President4yrsCA$1.72m2.89%
CA$ 21.6m
Jaclyn Koenig
Chief Financial Officer3.7yrsCA$721.74k0.012%
CA$ 90.3k
Kim Riley
Chief Operating Officer3.8yrsCA$754.79k0.021%
CA$ 154.5k
Philip Martens
Executive Vice President of U.S. Region8.3yrsCA$594.08k0.0077%
CA$ 58.0k
Leon Wilkosz
Senior Vice President of Asset Management - Wisconsinno dataCA$476.55kno data
Danielle Robert
Vice President of Accountingno datano datano data
Heather Nikkel
Senior Vice President of Investor Relations & Sustainabilityno datano datano data
Kara Watson
Vice President of Legalno datano data0.0098%
CA$ 73.1k
Jayelle Morris
Vice President of Human Resourcesno datano datano data
Brad Goerzen
Senior Vice President of Leasing - Central Regionno datano datano data
Marie Dunn
Senior Vice President of Asset Management - U.S. Regionno datano datano data
Ron Wieler
Senior Vice President of Construction & Development - U.S. Regionno datano datano data

3.9yrs

Average Tenure

Experienced Management: AX.UN's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Samir Manji
President4.2yrsCA$1.72m2.89%
CA$ 21.6m
Mazhar Shaikh
Independent Trustee4.2yrsCA$132.13k0.047%
CA$ 353.3k
Jacqueline Moss
Independent Directorless than a yearno datano data
Elisabeth Wigmore
Independent Trustee4.2yrsCA$157.68k0.018%
CA$ 136.1k
Heather-Anne Irwin
Independent Trustee4.2yrsCA$99.50k0.0074%
CA$ 55.2k
Benjamin Rodney
Independent Chairman of the Board of Trustees5.6yrsCA$206.80k0.088%
CA$ 662.4k

4.2yrs

Average Tenure

61.5yo

Average Age

Experienced Board: AX.UN's board of directors are considered experienced (4.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 22:49
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Artis Real Estate Investment Trust is covered by 14 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pauline AlimchandaniBMO Capital Markets Equity Research
Sumayya Syed HussainCIBC Capital Markets
Dean WilkinsonCIBC Capital Markets