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

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

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 > post on ap board

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Post by garyreins on Jun 14, 2024 9:33pm

post on ap board

was lurking that forum

RBC

"In Canada, lagging economic conditions and below target inflation readings suggest a relatively steeper path lower for BoC policy rates. We think that means 100 bps cuts this year, followed by another 100 bps in 2025 that will leave the overnight rate back at a 'neutral' 3%"

hard not see canadian reits get huge bid and rally as we glide back to 3%, lots of private buyers in canada will get in even if the economy isnt the strongest. how can those 7-11% yields last?