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

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Post by Torontojayon Jun 25, 2024 9:21am

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Post# 36104739

Canada in stagflation

This is classic stagflation. Unemployment rate going up and gdp is well below historical averages. 7 quarters of negative gdp per capita! Taxes going up!

Since the beginning of the year, for the first 5 months, inflation has already risen by 2% !!! That is a horrible outcome in spite of unemployment already 130 bps higher than its lows.

M/m inflation has risen by 0.56% which equates to an annual rate of ~ 6.9% !!!

The next cpi print for June is going to be higher due to the base effect and current momentum.

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Geologica Resource: Polymetallic upside at a depressed price