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 > CIBC 2

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Comment by ol_grizon Nov 10, 2023 12:45pm

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Post# 35728783

RE:RE:RE:CIBC 2

Thanks for the info. I was too lazy to look it up. All I know is, over 5% is high for GRT. They also raised the distribution.

Like you, I made out like a bandit selling it high - twice.

Downside is, I own it in my reg. accounts in the 70's. Could not have imagined it would fall this far, but then, many people were surprised the speed and size of the interest rate rise and resulting impact on div plays.

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