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

Primary Symbol: T.AX.PR.E Alternate Symbol(s): ARESF | 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.

TSX:AX.PR.E - Post by User

Artis Real Estate Investment Pref Shs Series E

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Post by garyreinson Oct 15, 2024 7:18pm

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Post# 36267277

TECHNICALS

What you should find interesting here is that XRE and VNQ both "corrected" back to their early September levels and snapped back at their first level of support - around 7% pullback.

If today is any indication the next move up will either "double top" the mid-september levels, or breakout in a continued bullrun. My money is on the latter, but as I said before, be skeptical come Dec/Jan when theres green shoots and yields are back around 4-6%....It could be LIGHTS out if they pull the old "inflation is going back up" in Q2 OF 2025.

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High-growth stock Happy Belly opens first Rosie's Burgers in Alberta