TSX:GRT.UN - Post Discussion
Post by
retiredcf on Apr 09, 2024 3:02pm
Analyst Recommendation
BUY
Granite REIT(GRT.UN-T)
09/04/2024
Doesn't like REITs now for poor returns, but does like Granite for its strong balance sheet, management, conservative payout ratio and are in the right sector, industrial which will pick up. Good track record of raising their dividend and a likely take-out candidate. If interest rates decline, the REITs will benefit. But it's not a business model for growth.
Property Mngmnt / Investment
Barry Schwartz
$77.200
Owned
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