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Granite Real Estate Investment Trust

GRP.U

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 of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and 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
    Toronto ON M5K 1H1
    CAN

    T: +1 647 925-7536

    E: ir@granitereit.com

    https://www.granitereit.com

  • Sector

    Real Estate

    Stock type

    Cyclical

  • Industry

    REIT - Industrial

    Fiscal Year End

    31 December 2024

    Employees

    69

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Markets

Index
Last price
Change
% Change
All Ordinaries 8,020.90 25.20 0.32%
CAC 40 8,239.99 14.20 0.17%
DAX 40 18,869.36 152.94 0.82%
Dow JONES (US) 39,908.00 349.89 0.88%
FTSE 100 8,445.80 17.67 0.21%
HKSE 19,073.71 41.35 -0.22%
NASDAQ 16,742.39 231.21 1.40%
Nikkei 225 38,385.73 29.67 0.08%
NZX 50 Index 11,525.88 92.21 -0.79%
S&P 500 5,308.15 61.47 1.17%
S&P/ASX 200 7,753.70 26.90 0.35%
SSE Composite Index 3,145.77 2.25 -0.07%

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Telstra Group Ltd TLS 3.67 0.02 0.55%
Arafura Rare Earths Ltd ARU 0.20 0.01 5.41%
South32 Ltd S32 3.67 0.05 1.38%
Karoon Energy Ltd KAR 1.88 0.03 -1.31%
Pilbara Minerals Ltd PLS 3.98 0.01 0.25%