| Description | Granite REIT is a Canadian-based real estate investment trust engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Our portfolio consists of 140 investment properties representing approximately 60.9 million square feet of leasable area.
Additional info from NASDAQ: 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. Granites portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the companys 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 companys largest tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granites lease income.
Additional info from OTC: Granite REIT is a Canadian-based real estate investment trust engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Our portfolio consists of 140 investment properties representing approximately 60.9 million square feet of leasable area. |