Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

IT HAS TO BE NOW

[garyreins]

Pull up a 10 year chart of XRE, just a freaking huge never ending down trend from Jan 2022 with two lower high bear market rallies

now we're having that poetic retesting of fall lows

enough is enough man

powell and biden need to get this victory lap going instead of trying to thread the needle the past few months

couldnt even tank oil by releasing emergency supplies 

biden = incompetent

[EstevanOutsider]

use it as a opportunity to accumulate. i bought more this week, HR, started a position in REI and added more Minto. already a hueg positio in artis or else i would have added that but like to diversify a bit amongst different asset classes and risk profiles. 30-50% returns possible in this space in the next 12-months.

[Torontojay]

I think they will eventually recover as it mean reverts to historical averages but I don't think it will occur over the next 12 months.  Canada is going to be in the doldrums for a while longer than that.   

[EstevanOutsider]

ok. but canada already in the doldrums. real estate different here because of historically high levels of new immigration and lack of new construction across all asset classes. in 12-months we'll be counting on our two hands how much time that filthy tyrant trudeau has left in power and people should be getting bullish on canada well before that in my view. so we'll see. think the time to

[Torontojay]

  I agree with you about that. I think Canada may recover probably by mid 2025 as a turning point (possible trough levels) and a change in leadership will be a bullish sign for an eventual recovery to good old times. By the end of 2025, things may be a lot different than they are today.     

[Panic54321]

I own basically the same reits lots of Hr.un and minto, other etc.  I 100% agree buy now and wait...... Buy more on further weakness.  ( The thing is the sector has been taken to the woodshed ) many reit trading near 5 year lows.  Despite strong fundamentals and strong balance sheets, and decent payout ratios.    Either way these are on sale and will eventually, turn

[Frankie10]

Looking forward, I think it's doubtful cap rates expand from here, and debt is likely to get cheaper. US assets should in theory become more valuable in CAD terms should BoC and Fed divergence widens. 

[Torontojay]

  Theory and practice don't always converge. They can diverge for a long time before it begins to make sense again. There are two ways for property values to decline.  1) earnings contraction  2) multiple contraction; that is, the multiple investors are willing to pay on earnings contract.  You can have a constant cap yield but declining earnings and that could