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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

Post by retiredcfon Dec 26, 2020 8:27am
163 Views
Post# 32183483

Odlum Brown

Odlum BrownUnable to post the entire article so here's the link. GRT.UN was one of the 3 Canadian companies featured. GLTA

https://www.adviceforinvestors.com/news/canadian-stocks/5-stocks-with-attractive-risk-vs-return/

5 stocks with attractive ‘risk vs. return’

Odlum Brown’s Murray Leith names five stocks with relatively attractive risk-return characteristics. He begins with some thoughts on Christmas dinner.

In the Leith household, we sometimes turn dinner on its head and start with dessert. You might think it’s my boys driving that bus, but it was actually initiated by their sweets-loving father. Our tradition of “not saving the best for last” came to mind when thinking about the 2021 Odlum Brown annual address. The live Q-and-A period at the end of the presentation is always my favourite part, but sadly that won’t be possible this February.

Because of COVID-19, the event will be virtual. We toyed with the idea of fielding questions via chat during a live-streamed event, but that’s a bit like trying to enjoy a salted-caramel ice cream cone without actually eating it. I’ve participated in enough large-group webinars to know that typed-in questions are a far cry from the connection and energy that exists when people are together in the same room.

Hence, we are building this year’s event by asking for “dessert” first. We decided to get our clients’ thoughts and questions in advance and asked that they share what’s on their mind with their Odlum Brown investment advisor or portfolio manager. We will look for common themes and will do our best to provide useful insights. Thank you for entertaining this approach, and we look forward to when we can again meet face-to-face.

It’s time to reinvest cash

A little more than a year ago, we sold a number of stocks and raised the cash weighting in our Odlum Brown Model Portfolio to 13.5 per cent. We didn’t make this unprecedented move because we were worried about the near-term outlook. At the time, we expected the economy to strengthen and for stocks to do well. (The Odlum Brown Model Portfolio is an all-equity portfolio that was established by the Odlum Brown equity research department on Dec. 15, 1994, with a hypothetical investment of $250,000. It showcases how we believe individual security recommendations may be used within the context of a client portfolio. The model also provides a basis with which to measure the quality of our advice and the effectiveness of our disciplined investment strategy.)

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