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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 a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. The Company’s portfolio comprises more than 100 commercial properties. Its properties include Bower Centre; Maynard Technology Centre; McCall Lake Industrial; Pepco Building; Alex Building; 1093 Sherwin Road; 1681... see more

TSX:AX.PR.E - Post Discussion

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Post by garyreins on Jun 18, 2024 1:57pm

Explanation

I dont man, Im looking for an explanation for this sell off, while TJ is talking about recession and bankruptcies, perhaps there is validitiy in that and canadian reits are being given the "recession" 5% discount

but i dont man, ive never seen canadian reits trade this bad and decoupled from bonds, markets and vnq
Comment by Torontojay on Jun 18, 2024 2:08pm
Just pull a chart for US and Canada and it becomes obvious. Since the BOC cut interest rates, Xre is down but Vnq is up. Counter-intuitive eh?