Professional
Added to YB: 2026-08-24
Pitch date: 2026-08-19
GO-U.TO [bullish]
GO Residential Real Estate Investment Trust
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
$320.4M
Pitch Price
N/A
Price Target
N/A
Dividend
7.41%
EV/EBITDA
26.33
P/E
0.31
EV/Sales
13.41
Sector
Residential REITs
Category
special_situation
Going against the grain on GO Residential
GO-U.TO: US luxury Manhattan residential REIT via H&R reverse takeover + Lantower spinout creates 7th-largest US resi REIT. Trades ~7-cap vs sub-4 free-market Manhattan comps, ~$900/sqft vs $1882 avg, below 2022 acquisition prices. 7.3% yield, ~$50M insider buys since IPO (Cohen & Steers, Vision, Murray). Scotia est 32-38M forced index buying. Risks: H&R CEO self-dealing/opacity, Mamdani policy, execution, 2030 debt roll. Re-rate catalyst on deal close.
Read full article (13 min)