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 > "Slow Motion" breakout?

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Post by garyreinson Jan 25, 2024 7:05pm

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Post# 35846149

"Slow Motion" breakout?

I don't see it. I saw every REIT flop at resistance levels for the 4th or 5th time today, and head lower, ALL WHILE the equity markets have made another LEG UP. If it was a slot motion breakout we would have grinded a bit higher with the markets. As per usual, the central bank shpiel, stronger than expected data, and inflation, continue to loop the same narrative over and over again.

Of course it depends on what the 10 year yields do, they have moved up about 30-40bp since December, any higher and it will be LIGHTS OUT for reits!

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