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

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

Real Estate REIT - Diversified

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.

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Artis Real Estate Investment Pref Shs Series E > Mouth on the floor

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Comment by EstevanOutsideron Jun 23, 2023 4:32pm

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Post# 35512071

RE:Mouth on the floor

That's the thing - it's not just Artis but the entire sector and more suffering from that speech. It got amplied since the high housing report. But PMI is collapsing and job losses are piling up while CPI is coming down. Tough to see them keep hiking in my view. Rememebr everybody thought rates would remain low - I took the other side of the trade then and doing the same now with high rates. High rates cannot last forever or are at least unlikely too. Rate cuts will be the turning point for REITs and other interest rate sensitive sectors. Key is to hang in until it happens. I think we are within 2-3 months away from a major reversal in sentiment.

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