Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 63.3 million square feet of leasable area. The Trust’s investment properties consist of income-producing properties, and development properties. The income-producing properties consist primarily of logistics, e-commerce and distribution warehouses, and light industrial and heavy industrial manufacturing properties. 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. 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.


TSX:GRT.UN - Post by User

Granite Real Estate Investment Trust > Insider Buying
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(3)
•••
Comment by jcjohn36on Apr 06, 2022 10:18am
83 Views
Post# 34580239

RE:RE:RE:Insider Buying

RE:RE:RE:Insider Buying

Could have something to do with an analyst target downgrade at Cannacord.

Dream Industrial REIT (DIR.UN-T, “buy”) to $19 from $21. Average: $19.64.• Granite REIT (GRT.UN-T, “buy”) to $105 from $115. Average: $110.27.

The lower target prices reflect our belief that investors will, and should, consider the potential for cap rates to rise and the impact on property values,” they said.

However, with corporate bond yields having risen more than 130 bps so far in 2022, and spreads between cap rates and the cost of debt well below the long-term average, we view the risk of cap rates rising as more material. In addition, a number of REITs have performed well in 2022 and the implied returns have become more modest.

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities