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.

TSX:GRT.UN - Post by User

Granite Real Estate Investment Trust

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Post by retiredcfon Jun 02, 2022 3:27pm

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Post# 34727464

Analyst Recommendation

BNN didn't post the individual link. GLTA

COMMENT

REITs.(A Commentary)

01/06/2022 at 08:00pm

REITs. In a weird spot. Either you're worried about a recession, or you're worried about rising interest rates. Probably don't do well in a rising interest rate environment. Should hold their own if we fall into a recessionary environment. He prefers names like GRT.UN, as industrial REITs are a great place to be.

Barry Schwartz

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