Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by SargeXon Mar 05, 2021 6:01pm
141 Views
Post# 32734391

RE:RE:RE:More Targets

RE:RE:RE:More TargetsHey Griz

How she go?

I'm definitely on the GRT train. We now only own 4 REITs and GRT is the fav. I also really like our NWH & DIR and am being patient and holding out hope for a rebound on our MRG.

From 2013 (when I retired) until last year, we typically held 8 or 9 REITs. We had a few take-overs and did some house-cleaning but only put some of the dough into other REITs. I'M actually feeling a little more comfortable with just the 4 and being under-weight the sector a little compared ot our other main sectors.

Take her easy
  Sarge

ol_griz wrote: I think the market has been skittish about REITs ever since Flaherty.  But the trends don't lie.  This is the company in the right space.  Office and retail are not going back to pre-COVID usage and warehousing will continue to expand for online and delivery businesses.  Moving there is a gamble.  Buying the dips here looks right to me.

SargeX wrote:

I'm also totally buffaloed as to what's been going on with the stock price. The only thing I can think of is a bit of a REIT rotation out of the industrails into retail and maybe even office.
 




<< Previous
Bullboard Posts
Next >>