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

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

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.

TSX:AX.PR.E - Post by User

Artis Real Estate Investment Pref Shs Series E

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Post by garyreinson Jun 15, 2024 5:14pm

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Post# 36090746

SURPRISED OR NOT?

I made this argument before, imagine you had ZERO reit exposure, didnt like the sector much like TJ, lots of cash and profits in nasdaq and money market funds.

Not you see that BOC may potentially ease bigger than expected Im hearing 100bp this year and in 2025.

And you're getting the entire canadian reit sector some names at or below covid lows, historically cheap multiples, and much higher yields. Nice sitting bargain for that rotation, as they have not even modestly inched up

Seems suspicious..

maybe extra torque when the states bond yields fall more

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