The question was on both Granite REIT and Cap REIT. They are both very different companies and he likes them both. Granite REIT is in the industrial warehouse sector in Canada, the U.S. and Europe, which he's bullish on. It has good management and trades at a good discount to NAV. Cap REIT is in the multi-family sector with great assets, exposure to Ontario and Toronto and good management. There is an overhang re apartment rents which are under government discussion. There are a number of bad owners in the news but this does not apply to REIT's
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Industrials are still favoured. Industrial demand continues to look solid. There is also more pricing power compared to residential occupancy. Rent increases in residential may be limited as the economy tightens. Unlock Premium - Try 5i Free
Granite REIT is a Canadian stock, trading under the symbol GRT.UN-T on the Toronto Stock Exchange (GRT.UN-CT). It is usually referred to as TSX:GRT.UN or GRT.UN-T
In the last year, 10 stock analysts published opinions about GRT.UN-T. 9 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Granite REIT.
Granite REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Granite REIT.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
10 stock analysts on Stockchase covered Granite REIT In the last year. It is a trending stock that is worth watching.
On 2023-03-24, Granite REIT (GRT.UN-T) stock closed at a price of $79.83.
Our PAST TOP PICK with GRT.UN is progressing well. To remain disciplined, we recommend trailing up the stop (from $63) to $69 at this time.