Bullboard - Stock Discussion Forum 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... see more

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Artis Real Estate Investment Pref Shs Series E > REIT SELLOFF

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Post by garyreins on Nov 21, 2023 5:09pm

REIT SELLOFF

Was just a tad too aggressive for my liking. Makes me wonder what the market thinks is around the corner. Office reits down big again. Thought the sector had more breathing room with long bond yields substantially off their peaks.

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Comment by EstevanOutsider on Nov 21, 2023 8:21pm

Thought it would be a geren day as well as inflation data came in good for Canada, bond yileds went down and US housing sales were weak triggering more recession indicators. Overall it's hard to predict day-to-day movements into tax loss selling season which likely in the coming weeks becomes "tax loss buying" as investors seek out opportunities. With GIC clarity likely to weaken I ...more

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Comment by rad10 on Nov 22, 2023 8:40am

A tad too aggressive for your liking... This gave me a good chuckle.... Guess what? The market doesn't care. Use it as an opportunity to double down on quality names like granite and HR. Artis is problematic, so is Slate Office.

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Artis Real Estate Investment Pref Shs Series E