Granite Real Estate (GRP.U) Rating Increased to Hold at Zacks Investment Research

Granite Real Estate (NASDAQ:GRP.U) (TSE:GRT.UN) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Friday, July 14th.

According to Zacks, “Granite Real Estate Investment Trust is engaged in the ownership and management of predominantly industrial properties in Canada, the United States, Mexico and Europe. The Company owns and manages rental income properties. Its services include sourcing and real estate acquisition, site development, assisting with government approvals and re-zoning to specific uses, build-to-suit construction, property renovation, project management and long-term leasing. Granite Real Estate Investment Trust, formerly known as Granite Real Estate Inc., is based in Toronto, Canada. “

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