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

Alternate Symbol(s): ARESF | T.AX.UN | 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 garyreinson Dec 30, 2023 2:11pm

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Post# 35805228

Forgive me if Im not optmistic

It seemed like 2023 was just a rolling ball of REIT excuses to sell off, and when any bounce got underway it just lead into the next reason:

March regional banking crisis - REITS tank hard
End of June- powell chirps- sell off
August inflation higher than expected
September- powell again + big rise in 10 year yield
November/Dec- limited rebounding due to tax loss selling

Youd be crazy to think there's not going to be some excuse or reason for the shorts to pile back on. its just a question of how high can we bounce and is it sufficient enough to pull some $$ out at a good price