Business description: Granite Real Estate Investment Trust

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 properties consist of income-producing properties, and development properties. The income-producing properties consist primarily of logistics, e-commerce and distribution warehouses, and light industrial and heavy industrial manufacturing properties. The Trust has approximately 38 industrial properties in Canada, 66 in the United States, 16 in the Netherlands, 14 in Germany and nine in Australia. All of its income-producing properties are for industrial use and can be categorized as distribution/e-commerce, industrial/warehouse, flex/office or special purpose properties.

Number of employees: 70

Sales by Activity: Granite Real Estate Investment Trust

Fiscal Period: December20202021202220232024

Ownership and Rental of Industrial Real Estate

340M 393M 456M 521M 569M
See all business segments

Geographical breakdown of sales: Granite Real Estate Investment Trust

Fiscal Period: December20202021202220232024

United States

161M 203M 252M 297M 314M

Canada

63.23M 65.54M 75.93M 80.46M 96.59M

Austria

65.72M 64.99M 59.52M 63.82M 73.52M

Netherlands

16.69M 27.54M 34.94M 41.64M 43.8M

Germany

26.92M 27.08M 31.82M 38.8M 41.05M

Other Europe

6.47M 5.06M 1.61M - -
See all geographic segments

Executive Committee: Granite Real Estate Investment Trust

Manager TitleAgeSince
Chief Executive Officer 56 2018-06-04
Director of Finance/CFO - 2019-07-07
Chief Investment Officer - 2012-01-31
Investor Relations Contact - -
General Counsel - 2015-03-31
See GRANITE REAL ESTATE INVESTMENT TRUST governance

Composition of the Board of Directors: Granite Real Estate Investment Trust

Director TitleAgeSince
Director/Board Member 57 2017-06-14
Director/Board Member 73 2017-06-14
Director/Board Member 59 2017-06-14
Chairman 59 -
Director/Board Member 56 2018-06-04
Director/Board Member 60 2018-06-13
Director/Board Member 71 2019-06-12
Director/Board Member 69 2019-06-12
Director/Board Member - 2021-08-03
Director/Board Member - 2024-02-14
Composition of the Board of Directors

Shareholders: Granite Real Estate Investment Trust

NameEquities%Valuation
1832 Asset Management LP
8.178 %
5,092,139 8.178 % 258 M $
1832 Asset Management LP
7.503 %
4,672,014 7.503 % 237 M $
RBC Private Counsel (USA), Inc.
7.084 %
4,411,080 7.084 % 224 M $
CIBC Asset Management, Inc.
5.876 %
3,659,033 5.876 % 185 M $
BMO Bank NA (Investment Management)
5.696 %
3,546,860 5.696 % 180 M $
List of GRANITE REAL ESTATE INVESTMENT TRUST shareholders

Company details: Granite Real Estate Investment Trust

Granite Real Estate Investment Trust

77 King Street West Suite 4010

M5K 1H1, Toronto

+647 925 7500

http://www.granitereit.com
address Granite Real Estate Investment Trust(GRT.UN)

Group companies: Granite Real Estate Investment Trust

NameCategory and Sector
Real Estate Investment Trusts
See all subsidiaries

Industrial REITs

Change 5d. change 1-year change 3-years change Capi.($)
-0.62%+1.98% - - 3.15B
+0.82%+0.72%-6.17%-11.70% 98.67B
+0.17%+2.07%-1.35%+82.13% 46.16B
+0.78%+0.61%-3.14%+8.41% 8.77B
+0.61%+2.29%-18.98%-37.42% 8.67B
+1.26%+0.38%+2.46%+20.03% 6.75B
-0.22%+0.66%+2.03%+0.89% 6.45B
+1.07%+1.55%+13.56%+29.53% 6.19B
+0.26%+0.85%-5.89%+1.05% 5.87B
-1.18%-3.64%-20.97%-35.51% 5.56B
Average +0.29%+1.09%-4.27%+6.38% 19.62B
Weighted average by Cap. +0.55%+1.29%-4.67%+13.04%
See all sector performances
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
70.55CAD
Average target price
82.00CAD
Spread / Average Target
+16.23%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. GRT.UN Stock
  4. Company Granite Real Estate Investment Trust