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 Torontojayon Jul 05, 2024 1:16pm

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Post# 36120012

Central bankers

Are always reactive and they like to use coincident and lagging indicators when making their policy rate decisions.

Canada's unemployment rate was 6.4% in October 2008 and they reduced their policy rate from 3% to 2.5% after the Lehman debacle. Today it stands at the same rate but with a policy rate still at 4.75% and potentially another 200 bps to go.

Btw, Canada's unemployment rate topped out at 8.7% by August 2009.

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Advancing flagship Ishkõday Gold Project in Ontario