Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

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

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... see more

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TSX:AX.PR.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > Canadian GDP and US payrolls

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Post by SNAKEYBOY on Aug 31, 2023 9:42pm

Canadian GDP and US payrolls

On tap for tomorrow. As I previously indicated, it seems like virtually any macro data is bad for REITS. Lets see what happens. Maybe the market sold off today in anticipation for tomorrows train wreck.

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Comment by EstevanOutsider on Aug 31, 2023 11:09pm

It wouldn't surprise me if some REIT investors were capitulating today on fears of basic monthly US economic data. The same group of investors were not smart enough to sell ahead of a massive rate cycle because they thought inflation would stay low for longer and believed incompetent politicians who said rates would stay low for a long time. This is the time to buy. Negative data is coming in ...more

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Artis Real Estate Investment Pref Shs Series E