- Granite Real Estate Investment Trust (GRT.UN)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
Q: Which would you recommend for a 2 to 3 year hold and reasoning? Thanx.
5i Research Answer:
We like both. We would side with DIR.UN, It is a bit cheaper on valuation but also has a more diversified industrial business. GRT.UN is very closely tied to the auto sector via Magna, so may have some more cyclicality and perhaps less growth potential as that sector continues to be in the doldrums.