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

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

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.


TSX:AX.PR.E - Post by User

Comment by Torontojayon Aug 01, 2024 8:35pm
52 Views
Post# 36159644

RE:I LEGITIMATELY NEVER RECALL A MONTH

RE:I LEGITIMATELY NEVER RECALL A MONTH

I'll explain what happened. 

Gdp first quarter came in soft at under 2%. Gdp
second quarter came in higher than Q1 but increased 
inventory was partly to blame even if the inventory is unsold it adds to gdp. They aren't likely to get a boost from new inventory in Q3 because the economy has to absorb it first. They may get some help from fiscal spending which I suspect will happen until election time. There is still pandemic money floating around to keep the fiscal spending alive. 

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