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Granite Real Estate Investment Trust

TSX Exchange | Dec 9, 2019, 3:33 PM EST | Real-time price

GRT.UN $ 68.31 RT
CHANGE
-0.32 (-0.4663%)
VOLUME
58,693
Day Low: 68.15
Day High: 68.70

Company Profile for Granite Real Estate Investment Trust

Description & Contact Information
Business Description

Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, and management of primarily industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's largest tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.

Address
77 King Street West, Suite 4010, P.O. Box 159, Toronto, ON, CAN, M5K 1H1
Telephone
+1 647 925-7540
Facsimile
+1 416 861-8121
Fiscal Year End
12/2018
Industry Classifications
Sector
Real Estate
CIK
1564538
Industry
REITs
SIC
7222
NAICS
Other Activities Related to Real Estate(531390)
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