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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

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

Post by DZtraderon Nov 07, 2024 7:25pm
129 Views
Post# 36302197

Gundlach

GundlachThere are several people I pay particular attention to, Jeffrey Gundlach is one of them. Was just listening to an interview he provides after each Fed meeting and seems he is reflecting same views I share (or better put, maybe I'm reflecting same views he is putting out). That being near overwhelming debt levels. He appeared outright bearish the long term bonds. At  the current 1.3 T (yes that's trillion) annual service costs he points out significant bonds rolling from much lower levels than current which will only serve to exasperate situation, this combined with yet more unbridled spending along with unfunded tax cuts. How do mid to long term rates not go higher? I put this out on a Reit forum as it is a sector highly impacted by rates of course. No, I'm not a doom and gloomer, just someone who tries to look at the long term outlook and how to position. Doesn't mean next week or next month is trouble but something to definitely be long term aware of.
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