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Artis Real Estate Investment Pref Shs Series E T.AX.P.E

Alternate Symbol(s):  T.AX.P.I | T.AX.UN | ARESF

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.


TSX:AX.P.E - Post by User

Post by garyreinson Apr 23, 2024 6:24pm
77 Views
Post# 36004146

Approaching a 4 month downtrend for REITS

Approaching a 4 month downtrend for REITSPeaked mid January and they all took different paths sinking.  If you pull up a chart of SRU you probably see the most accurate picture since Artis/office and others sunk hard immediately first.  Just a slow 4 month bleed, with no reversal in the cards.    

Bad CPI and another hike will be Powells swan song.  He will say its the last hike to kill inflation (rolls eyes), then maybe he delivers two 50pt cuts in late summer/fall
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