Bullboard - Stock Discussion Forum 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... see more

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TSX:GRT.UN - Post Discussion

Granite Real Estate Investment Trust > New share structure

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Post by jcjohn36 on Apr 15, 2024 7:48pm

New share structure

Market didn't like it - anyone shed some light on this - thanks.
JC

Granite Real Estate Investment Trust and Granite REIT Inc. intend to propose, at the upcoming joint annual general and special meetings of holders of Granite's stapled units scheduled for June 6, 2024, an internal reorganization that would simplify Granite's capital structure by replacing its current stapled unit structure with a conventional REIT trust unit structure.

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