Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of September 2024. The distribution will be paid by Granite on Tuesday, October 15, 2024 to stapled unitholders of record at the close of trading on Friday, September 27, 2024.

Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of September 27, 2024, pursuant to United States Treasury Regulation Section 1.1446-4.

ABOUT GRANITE

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 143 investment properties representing approximately 63.3 million square feet of leasable area.

OTHER INFORMATION

Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval+ (SEDAR+) which can be accessed at and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at . For further information, please see our website at or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Associate Director, Legal & Investor Services, at 647-925-7504.

EN
16/09/2024

Reports on Granite Real Estate Investment Trust Stapled Units - 1 Granite RE Inc + 1 TU Granite REIT

 PRESS RELEASE

Granite REIT Completes C$800 Million Offering of Senior Unsecured Debe...

TORONTO--(BUSINESS WIRE)-- Granite Real Estate Investment Trust (“Granite” or the “REIT”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Partnership (“Granite LP”) has completed its previously announced offering (the “Offering”) of C$800 million aggregate principal amount of senior unsecured debentures in two series. The Offering includes (i) C$250 million aggregate principal amount of 3.999% Series 8 senior unsecured debentures due October 4, 2029 (the “October 2029 Debentures”); and (ii) C$550 million aggregate principal amount of 4...

 PRESS RELEASE

Granite REIT Notice of Conference Call for Third Quarter 2024 Results

TORONTO--(BUSINESS WIRE)-- Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the third quarter ended September 30, 2024 after the close of markets on Wednesday, November 6, 2024. Granite will hold a conference call and live audio webcast to discuss its financial results. The conference call will be chaired by Kevan Gorrie, President and Chief Executive Officer. Conference Call:   Date: Thursday, November 7, 2024 at 11:00 a.m. (ET)     Telephone: North America (Toll-Free): 1-800-579-2543 ...

 PRESS RELEASE

Granite Real Estate Investment Trust and Granite REIT Inc. Complete Un...

TORONTO--(BUSINESS WIRE)-- Granite Real Estate Investment Trust (“Granite REIT”) and Granite REIT Inc. (“Granite GP”) (collectively, “Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that on October 1, 2024 Granite completed the previously-announced court-approved plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”) to replace Granite’s stapled unit structure with a conventional REIT trust unit structure. The Arrangement was approved by holders of Granite’s stapled units (“Stapled Units”) (each consisting of a unit of Granite REIT (a “Granite REIT...

 PRESS RELEASE

Granite Real Estate Investment Trust and Granite REIT Inc. Announce Ef...

TORONTO--(BUSINESS WIRE)-- Granite Real Estate Investment Trust (“Granite REIT”) and Granite REIT Inc. (“Granite GP” and, together with Granite REIT, “Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that the previously announced court approved plan of arrangement to simplify Granite’s capital structure by replacing its current stapled unit structure with a conventional REIT trust unit structure (the “Arrangement”), is expected to be completed and become effective on or about October 1, 2024 (the “Effective Date”). Currently, Granite unitholders hold stapled units (“Stapled Units”), each...

 PRESS RELEASE

Granite REIT Declares Distribution for September 2024

TORONTO--(BUSINESS WIRE)-- Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of September 2024. The distribution will be paid by Granite on Tuesday, October 15, 2024 to stapled unitholders of record at the close of trading on Friday, September 27, 2024. Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch