Added to YB: 2026-09-10
Pitch date: 2026-09-08
GO-U.TO [neutral]
GO Residential Real Estate Investment Trust
-2.98%
current return
Author Info
No bio for this author
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
$308.5M
Pitch Price
$8.40
Price Target
N/A
Dividend
7.70%
EV/EBITDA
26.14
P/E
0.30
EV/Sales
13.31
Sector
Residential REITs
Category
special_situation
H&R REIT: What’s The Real Track Record of GO Partners?
GO-U.TO (overview): GO Residential REIT’s inherited portfolio raises concerns about cash losses, leverage and dilution: investors who put $104M into 685 First Avenue now hold units worth $39M, a 62.1% loss, while consolidated GO Partners operations lost $47M across 2023, 2024 and Q1 2025. Since IPO deleveraging, the REIT has acquired $652M of properties with only $72M of new equity, suggesting the proposed Lantower merger may merely reset leverage.
Read full article (3 min)