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 Aug 03, 2018 11:18am

75 Views

Post# 28410387

Looking for much higher prices with Keven Gorrie managing

Gorrie takes over in August. Financials look good, acquisitions look good, Gorrie did wonders with Pure Industrials and brokered the buyout with Blackstone. Over the following weeks we should move closer to $60 as large institutional buyers buy blocks because of Gorrie. By Xmas we should have more deals in Europe and be much higher. Just my two cents.

Bullboard Posts

Sony’s Alpha 1 II: A new professional photography standard?