TSX:GRT.UN - Post Discussion
Post by
retiredcf on Nov 09, 2023 3:05pm
Analyst Recommendation
BUY
Granite REIT(GRT.UN-T)
09/11/2023
GRT.UN vs. DIR.UN
Prefers this one. Better investment than DIR.UN. Steadier assets. Backed more by management. Only weakness is that US properties are suffering a bit.
DIR.UN has good numbers, but issued equity in September, instead of selling assets, to get leverage down. Motivated by externally managed contract remuneration based on assets under management. Stock fell. Can't support management on any level. Supply's coming on, so the story's getting tired.
Property Mngmnt / Investment
Paul Gardner
$64.130
Owned
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