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

ASX data center shares remain cheap after downgrade

Near-term pain, long-term potential.
stocks

Meta earnings: Early look at Muse adoption impresses investors

We see the company’s momentum in its core advertising business, as well as adoption of Muse, as early signals that the firm’s AI playbook is working.
stocks

Tesla earnings: Shares fall on slower deliveries growth outlook; Raising valuation

Our increased valuation comes from higher full self-driving adoption assumptions and a lower near- and medium-term capital expenditures forecast.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,905.8011.30-0.13%
CAC 407,782.8228.44-0.36%
DAX 4025,181.65190.10-0.75%
Dow JONES (US)52,215.16652.82-1.23%
FTSE 10010,690.3634.67-0.32%
HKSE23,093.37158.690.69%
NASDAQ25,955.3453.52-0.21%
Nikkei 22562,693.16214.68-0.34%
NZX 50 Index13,733.9312.91-0.09%
S&P 5007,623.6839.75-0.52%
S&P/ASX 2008,795.202.000.02%
SSE Composite Index3,690.4832.450.89%

Market Movers