Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.UN

Primary Symbol: T.AX.PR.E Alternate Symbol(s): ARESF | 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 > THIS IS SICKENING MAN.

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Post by garyreins on Nov 23, 2024 2:19pm

THIS IS SICKENING MAN.

All factors demonstrate the Canadian REIT sector should be higher, firstly, the BOC overnight rate is down which makes REIT income more attractive to a savings rate or short term GIC

Secondly, the multiples in the US sector are signficantly higher

Thirdly, the BOC cutting rates does suggest the economy will be stimulated a bit and GDP etc can pick up

Yet these trds are a sinking ship underperforming TSX by 22% and VNQ 10% in 1 year..

THIS IS GROSS MAN