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 > Interest rates

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Post by canadianon Mar 04, 2024 12:55am

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Post# 35912535

Interest rates

Even if BcC cut's interest rates to 3 to 3.5% by end of next year, wouldn't 5 year bond yield be around 3% which in turn will result in close to 5% 5 year fixed variable (which we already have now). I am specifically talking about residential. I am not sure how commercial mortgage rates work.

https://wowa.ca/interest-rate-forecast

I think everyone should be prepared for 3 to 3,5% canadian 5 year bond yield for longer term

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