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

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Post by fatcharlieon Aug 01, 2018 5:43am

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Post# 28396032

Latest financials just released

Haven't had a chance yet to do a thorough read but everything looks on track. There will be a special dividend later this year. Easy to see a focus away from Canada to more international properties. Once the new CEO starts I would imagine more purchases going forward. Bottom line I will be adding with the dips. Long term I see this moving much, much higher. All the best, Charlie.

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