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 > I find it crazy

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Post by garyreins on Nov 23, 2023 7:14pm

I find it crazy

That sideline money in the tbills, 5% savings or short term gics, even 6%, that has not been in garbage reits or other risky income stuff, now has waited out almost 2 years of tightening , and the market is giving them stellar deals to buy in to ride the other side. I would have thought the market would have bidded these guys up well in advance so when the narrative actually shifts they'll be forced to buy higher. No free lunch.

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