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Dream Industrial Real Estate Investment Trust Tr Unit
Granite REIT (GRP.U) is a dual-listed (TSX & NYSE). All figures in the article are in CAD unless noted otherwise.
The last time we wrote on Granite REIT, we stayed away, despite loving the fundamentals. This was simply because it was more expensive than other value buys available at that time in the Canadian REIT spectrum. We make it a habit not to chase stocks if the price is not right. In our opinion, and that we have reiterated a number of times, one should not buy anything at just any price.