Professional
Added to YB: 2026-08-31
Pitch date: 2026-08-27
GO-U.TO [neutral]
GO Residential Real Estate Investment Trust
+2.34%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
GO Residential Real Estate Investment Trust is an internally managed, open ended real estate investment trust established under, and governed by, the laws of the Province of Ontario.
Market Cap
$299.6M
Pitch Price
$8.12
Price Target
N/A
Dividend
7.93%
EV/EBITDA
26.00
P/E
0.29
EV/Sales
13.24
Sector
Residential REITs
Category
special_situation
GO Residential REIT, can we trust these guys?
GO-U.TO (update): GO Residential is a valuation-versus-governance watch: units are down 45% since the July 2025 IPO and trade near 9x AFFO versus an 18x U.S. residential peer average, while the proposed H&R asset deal could create Canada’s second-largest REIT and support a modest rerating. However, the abrupt shift from a Manhattan-focused strategy, heavy dilution, management-related legal concerns and apparent fund exits may sustain the discount.
Read full article (12 min)