Granite REIT Due Diligence Dec '22

In this video, I review Granite Real Estate Investment Trust (REIT) - (#GRTun). Granite REIT is a Canadian REIT strategically positioned to take advantage of long-term secular trends in North American Industrial real estate. It's one of the core holdings in our insured real estate equity portfolio (I-REEP).
The video is roughly 4 minutes in length. #REIT #realestate #propertyinvestment #officespace #thinkincome #annuities

Presentation Content:
0:00 Introduction/Disclosure/Agenda
0:58 The People Managing Granite
1:25 Tenant Base/Business
1:44 Granite's Geographic Reach
2:02 Financial Structure
2:15 Financial Performance
3:20 Executive Summary

More information on Allied can be found by clicking here:
https://granitereit.com/investors/

References: Further reading:

1. "Emerging Trends in Real Estate® 2023 - New opportunities to create value as financial, environmental and social pressures converge," by Price Waterhouse Coopers. https://www.pwc.com/ca/en/industries/real-estate/emerging-trends-in-real-estate.html

2. The Canadian real estate that smart money is still desperate to buy: industrial warehouses" by Tim Kiladze. August 22, 2022. www.globeinvestor.com
https://www.theglobeandmail.com/business/article-buy-canadian-industrial-properties/

3. "American businesses are coming home. Innovators in logistics will reap massive rewards," by Jake Medwell. June 14, 2022 at 3:40 AM PDT https://fortune.com/
https://fortune.com/2022/06/14/american-businesses-coming-home-innovators-logistics-inflation-rewards-shipping-freight-cost-venture-capital-jake-medwell/

4. "Warehousing Giants Are Consolidating in a Shifting Real-Estate Market
Industry observers say red-hot industrial property demand is cooling and some developers are reining in their rapid expansion plans," by Liz Young
June 13, 2022 5:13 pm ET. The Wall Street Journal www.wsj.com
https://www.wsj.com/articles/warehousing-giants-are-consolidating-in-a-shifting-real-estate-market-11655154836

5. "Investors Yank Money From Commercial-Property Funds, Pressuring Real-Estate Values: Blackstone and Starwood funds limit withdrawals following surge of redemption requests," by By Konrad Putzier and Peter GrantFollow. Dec. 6, 2022 5:30 am ET The Wall Street Journal www.wsj.com
https://www.wsj.com/articles/investors-yank-money-from-commercial-property-funds-pressuring-real-estate-values-11670293325

6. "Farewell Offshoring, Outsourcing. Pandemic Rewrites CEO Playbook.
Uncertainty in the global supply chain is driving executives to seek operations away from cheaper countries to locales affording greater control," by Thomas Gryta and Chip Cutter. The Wall Street Journal. Nov. 1, 2021 11:14 am ET
https://www.wsj.com/articles/pandemic-rewrites-ceo-rulebookputting-reliability-before-efficiency-11635779679

Summit Sale to GIC & Dream Industrial

7. SUMMIT INDUSTRIAL INCOME REIT ENTERS INTO AGREEMENT TO BE ACQUIRED BY GIC IN PARTNERSHIP WITH DREAM INDUSTRIAL REIT IN C$5.9 BILLION TRANSACTION
Summit REIT News Release 11/07/2022.
https://summitiireit.q4ir.com/investor-information/news-events/news/news-details/2022/SUMMIT-INDUSTRIAL-INCOME-REIT-ENTERS-INTO-AGREEMENT-TO-BE-ACQUIRED-BY-GIC-IN-PARTNERSHIP-WITH-DREAM-INDUSTRIAL-REIT--IN-C5.9-BILLION-TRANSACTION/default.aspx

8. "Summit Industrial Income REIT Unitholders Approve Arrangement with GIC and Dream Industrial Real Estate Investment Trust," Summit REIT News Release 12/16/22
https://summitiireit.q4ir.com/investor-information/news-events/news/news-details/2022/Summit-Industrial-Income-REIT-Unitholders-Approve-Arrangement-with-GIC-and-Dream-Industrial-Real-Estate-Investment-Trust/default.aspx

9. "Summit Industrial Income REIT Receives Court Approval for Arrangement with GIC and Dream Industrial Real Estate Investment Trust"
https://summitiireit.q4ir.com/investor-information/news-events/news/news-details/2022/Summit-Industrial-Income-REIT-Receives-Court-Approval-for-Arrangement-with-GIC-and-Dream-Industrial-Real-Estate-Investment-Trust/default.aspx