Granite Real Estate Investment Trust(GRT-UN-T)TSX
Day Low74.73
Day High75.16
Open:75.00
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52-Week High/Low
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Profile
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management ofรย 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 tenantรย is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.