Granite Real Estate Investment Trust T.GRT.UN

Alternate Symbol(s): GRP.U

Granite Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust. The Trust is engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. The Trust owns 143 investment properties representing approximately 63.3 million square feet of leasable area. The Trust’s investment properties consist of income-producing properties, and development properties. The income-producing properties consist primarily of logistics, e-commerce and distribution warehouses, and light industrial and heavy industrial manufacturing properties. The Trust has approximately 38 industrial properties in Canada, 66 in the United States, 16 in the Netherlands, 14 in Germany and nine in Australia. All of its income-producing properties are for industrial use and can be categorized as distribution/e-commerce, industrial/warehouse, flex/office or special purpose properties.

TSX:GRT.UN - Post by User

Granite Real Estate Investment Trust

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Post by fatcharlieon Jul 18, 2019 5:42pm

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Post# 29937025

New Acquisitions

Nice positive news announcement after hours. Some new large acquisitions and closing of previous announced acquisitions. Listening to Kevin Gorrie on the last shareholders meeting I was extremely impressed with Gorrie's depth of knowledge in industrial properties and where he wants to take Granite in the future. You never know how the market reacts but I expect a nice jump up tomorrow for us. Best of luck, Charlie.

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