Granite Real Estate Investment Trust T.GRT.UN

Alternate Symbol(s): GRP.U

Granite Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust. The Trust is engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. The Trust owns 143 investment properties representing approximately 62.9 million square feet of leasable area. The Trust has approximately 38 industrial properties in Canada, 66 in the United States, 16 in the Netherlands, 14 in Germany and nine in Australia. The Trust's investment properties consist of income-producing properties, properties under development and land held for development. The income producing properties consist primarily of logistics, e-commerce and distribution warehouses, and light industrial and heavy industrial manufacturing properties. All of its income-producing properties are for industrial use and can be categorized as distribution/e-commerce, industrial/warehouse, flex/office or special purpose properties.

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Granite Real Estate Investment Trust > A dollar a day brings the doctor a calling

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Post by SargeXon Feb 17, 2022 3:32pm

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Post# 34439339

A dollar a day brings the doctor a calling

I'm quite suprised at the beaitng Granite is taking. Fortunately, I had decided that the yield had gotten too low and have been selling our position in chunks starting at $101.22. We've been putitng the proceeds into additional shares of many of our existing holdings. So far we've managed to sell 90% of our GRT. The net result has been an increase in annual dividend income of over $2800.

I can't see any reason why GRT is getitng hammered. Anyway have any ideas?

Ciao
Sarge

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle