TSX:GRT.UNIndustrial REITs
Logistics-Focused Income And Low Leverage Might Change The Case For Investing In Granite REIT (TSX:GRT.UN)
Granite Real Estate Investment Trust recently reported past-quarter growth in net operating income and maintained very high occupancy across its 145 industrial properties in North America and Europe, supported by firm lease renewals and rent increases.
The REIT’s emphasis on logistics and warehouse assets, combined with relatively low leverage, has reinforced its capacity to pursue incremental acquisitions and sustain its monthly income stream for unitholders.
With Granite’s recent...