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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

TSX:AX.PR.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > CAD REIT SECTOR IS FUNDAMENTALLY BROKEN
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Post by thenewsnake on Nov 28, 2023 1:41pm

CAD REIT SECTOR IS FUNDAMENTALLY BROKEN

As if this moment the spread between VNQ and XRE Cad reit etf is now widening to underperformance by 10% YTD. Trend just continues day after day with no sign of reversing.  If this is indeed tax loss selling Dec 15 or so we should start seeing a MASSIVE rally that will take us into January, Im talking about 15-25% gains for certain names
Comment by thenewsnake on Nov 28, 2023 1:49pm
I say 15-25% because that is where the US reits are and many cad reits have assets in the US.  Its like its being artificially depressed
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