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

Bullboard Posts

Post by fatcharlieon Jun 24, 2018 5:27pm

172 Views

Post# 28221232

Quality - started a play @$54

I am in not much not to like here -great properties, nice dividend, p/e 6.2, excellent management and most important growing. What swayed me was Keven Gorrie coming on board in August. I had AAR.UN while Keven was instrucmental in the growth and ultimate sale that netted me a 60% return in less than a year. Bottom line great things are in the stars for GRT.UN. I am just surprised there are very little postings here.

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