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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 DZtraderon Aug 28, 2024 2:09pm
65 Views
Post# 36199777

RE:CANT WIN TODAY

RE:CANT WIN TODAY
I sold my entire Granite position yesterday and my Chartwell position a little earlier. It was very hard to pull the trigger on Granite as I believe the stock (along with most reits) goes higher from here. Its just when a stock makes a 15 percent move in a very short time and you are staring down a reasonably good profit, I believe its prudent, plus winter get away books 30 large and I always try to have that prepaid as to not dip into anything, just my quirkiness. I will await to get it back at hopefully a better position as I believe we are going to see some volatility ahead.

With regards to Artis, I had wanted to add more awhile back, its just the Dream acquisitions and the apparent want for more that caused me hesitation. I will admit however, after hearing from Frankie and Este of late, it is causing me to give it another look, will see. In the meantime, core is doing well and I think we are still at the earlier stages of this move. Next pull back will likely reload. I think we are going to get choppy but the trend is your friend right now.
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