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Granite Real Estate Investment Trust: Update to credit analysis

Our credit view of this issuer reflects its fully unencumbered asset portfolio and its stable cash flows from its well-leased properties, against its high tenant concentration.

Granite Real Estate Investment Trust: Update to credit analysis

Our credit view of this issuer reflects its fully unencumbered asset portfolio and its stable cash flows from its well-leased properties, against its high tenant concentration.

Granite Real Estate Investment Trust: Update to credit analysis

Our credit view of this issuer reflects its conservative capital structure and high quality, unencumbered asset portfolio, offset by its strong appetite for acquisitions and development.

Granite Real Estate Investment Trust: Update to credit analysis

Our credit view of this issuer reflects its conservative capital structure with modest long-term leverage target, against its aggressive growth strategy and high tenant concentration.

Granite Real Estate Investment Trust: Update to credit analysis

Our credit view of Granite Real Estate Investment, reflecting its conservative capital structure and fully unencumbered portfolio, constrained by high tenant concentration with Magna Int'l.

Granite Real Estate Investment Trust: Update to credit analysis

Our credit view reflects Granite's high tenant concentration with Magna Int'l mitigated by a conservative capital structure and fully unencumbered portfolio.

Granite Real Estate Investment Trust: Update to credit analysis

Our credit view reflects Granite's high tenant concentration with Magna Int'l mitigated by strong credit metrics including a fully unencumbered portfolio.

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