Professional
Added to YB: 2026-02-03
Pitch date: 2026-02-01
GO-U.TO [bullish]
GO Residential Real Estate Investment Trust
-10.46%
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
N/A
Market Cap
$363.1M
Pitch Price
$10.67
Price Target
24.00 (+151%)
Dividend
N/A
EV/EBITDA
27.02
P/E
N/A
EV/Sales
N/A
Sector
Residential REITs
Category
value
New REIT position: GO Residential (TSX: GO.U)
GO-U.TO (new position): Manhattan luxury REIT at 50%+ discount to private market comps ($956K/unit vs $2K+/sq ft market). 5 properties, mostly Upper East Side. Trading 6.2% cap vs 4.75% mgmt NAV ($24 target). Cohen & Steers paid $15 IPO, down heavily. Rent control fears overblown, affects only 190 units. 12x leverage but strong fundamentals.
Read full article (6 min)