Granite Real Estate Investment Trust

4I70

Company Profile

  • Business description

    Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse, logistics, and product engineering facilities. The vast majority of the company's 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 company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.

  • Contact

    77 King Street West
    Suite 4010, P.O. Box 159
    Toronto-Dominion Centre
    TorontoONM5K 1H1
    CAN

    T: +1 647 925-7526

    E: [email protected]

    https://www.granitereit.com

  • Sector

    Real Estate

    Stock type

    Cyclical

  • Industry

    REIT - Industrial

    Fiscal Year End

    31 December 2026

    Employees

    70

Stocks News & Analysis

stocks

Fears of deteriorating loan quality sends bank share plummeting

We maintain our fair value estimate despite unfavourable economic conditions.
stocks

Why it’s not all bad news for Flight Centre following downgrade

Despite an earnings downgrade, shares in FLT remain undervalued.
stocks

Chart of the Week: What 650 IPOs reveal about long-term performance

Our data shows buying into the IPO hype can be costly.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,964.201.20-0.01%
CAC 408,384.8746.74-0.55%
DAX 4024,671.22323.61-1.29%
Dow JONES (US)51,876.1144.51-0.09%
FTSE 10010,508.0221.87-0.21%
HKSE22,671.86405.05-1.76%
NASDAQ25,297.6260.99-0.24%
Nikkei 22569,360.883,005.46-4.15%
NZX 50 Index13,495.242.190.02%
S&P 5007,354.023.47-0.05%
S&P/ASX 2008,764.200.200.00%
SSE Composite Index4,027.2693.02-2.26%

Market Movers