Granite Real Estate Inc. Stapled Units, each consisting of one unit of Granite Real Estate Trust and one common share of Granite REIT Inc. Q1 FFO $0.91 Up From $0.87 YoY, Sales $103.05M Up From $95.87M YoY

5/8/24 6:18:41 PM ET

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Granite Real Estate Inc. Stapled Units, each consisting of one unit of Granite Real Estate Trust and one common share of Granite REIT Inc. (NYSE:GRP) reported quarterly earnings of $0.91 per share. This is a 4.02 percent increase over earnings of $0.87 per share from the same period last year. The company reported $103.05 million in sales this quarter. This is a 7.50 percent increase over sales of $95.87 million the same period last year.

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Granite Announces Voting Results From Its 2024 Joint Annual General and Special Meetings of Stapled Unitholders
Granite Real Estate Investment Trust ("Granite REIT") and Granite REIT Inc. ("Granite GP") (collectively, "Granite") (TSX:GRT, NYSE:GRP) announced today the results of the matters voted on at their joint annual general and special meetings of stapled unitholders held virtually earlier today (the "Meetings"). Each of the individuals nominated for election as a trustee of Granite REIT and a director of Granite GP, as set out Granite's Management Information Circular dated April 10, 2024 (the "Circular"), were elected as set out below. In addition, the proposed arrangement to simplify Granite's current stapled unit structure, as detailed in the Circular, and all other resolutions voted on at t
6/6/24 4:05:00 PM ET
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Granite Announces Voting Results From Its 2022 Joint Annual General and Special Meetings of Stapled Unitholders
Granite Real Estate Investment Trust ("Granite REIT") (TSX:GRT, NYSE:GRP) and Granite REIT Inc. ("Granite GP") announced today the results of the matters voted on at their joint annual general and special meetings of stapled unitholders held earlier today (the "Meetings"). Each of the individuals nominated for election as a trustee of Granite REIT and a director of Granite GP, as set out Granite's Management Information Circular dated April 13, 2022, were elected as set out below. A total of 50,891,925 stapled units (77.4% of outstanding stapled units) were represented in person or by proxy at the Meetings. The votes were conducted by show of hands in respect of all matters other than the
6/9/22 5:52:00 PM ET
$GRP.U
$GRP
Granite Announces Voting Results From Its 2021 Joint Annual General Meetings of Stapled Unitholders
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite REIT”) (TSX: GRT.UN / NYSE: GRP.U) and Granite REIT Inc. (“Granite GP”) announced today the results of the matters voted on at their joint annual general meetings of stapled unitholders held earlier today (the “Meetings”). Each of the individuals nominated for election as a trustee of Granite REIT and a director of Granite GP, as set out Granite’s Management Information Circular dated April 12, 2021, were elected as set out below. A total of 45,660,781 stapled units (74% of outstanding stapled units) were represented in person or by proxy at the Meetings. The detailed results of the votes held at the Meetings
6/10/21 4:37:00 PM ET
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Granite Announces 2024 Third Quarter Results and a 3.03% Distribution Increase Commencing in December 2024
Granite Real Estate Investment Trust and Granite REIT Inc. (TSX:GRT, NYSE:GRP) ("Granite" or the "Trust") announced today its combined results for the three and nine month periods ended September 30, 2024 and a distribution increase of 3.03% effective with the December 2024 distribution. THIRD QUARTER 2024 HIGHLIGHTS Highlights for the three month period ended September 30, 2024 are set out below: Financial: Granite's net operating income ("NOI") was $119.6 million in the third quarter of 2024 compared to $109.2 million in the prior year period, an increase of $10.4 million primarily as a result of the completion of two development projects in Canada and the United States, the completi
11/6/24 5:00:00 PM ET
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Granite REIT Declares Distribution for October 2024
Granite Real Estate Investment Trust ("Granite") (TSX:GRT, NYSE:GRP) announced today that its board of trustees has declared a distribution of CDN $0.275 per unit for the month of October 2024. The distribution will be paid by Granite on Friday, November 15, 2024 to unitholders of record at the close of trading on Thursday, October 31, 2024. Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of October 31, 2024, pursuant to United States Treasury Reg
10/17/24 5:00:00 PM ET
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Granite REIT Completes C$800 Million Offering of Senior Unsecured Debentures and Repayment of Its US$400 Million Term Loan
Granite Real Estate Investment Trust ("Granite" or the "REIT") (TSX:GRT, NYSE:GRP) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Partnership ("Granite LP") has completed its previously announced offering (the "Offering") of C$800 million aggregate principal amount of senior unsecured debentures in two series. The Offering includes (i) C$250 million aggregate principal amount of 3.999% Series 8 senior unsecured debentures due October 4, 2029 (the "October 2029 Debentures"); and (ii) C$550 million aggregate principal amount of 4.348% Series 9 senior unsecured debentures due October 4, 2031 (collectively, the "Debentures"). The Debentures are guaranteed by Gran
10/4/24 5:00:00 PM ET
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Granite Announces 2024 Third Quarter Results and a 3.03% Distribution Increase Commencing in December 2024
Granite Real Estate Investment Trust and Granite REIT Inc. (TSX:GRT, NYSE:GRP) ("Granite" or the "Trust") announced today its combined results for the three and nine month periods ended September 30, 2024 and a distribution increase of 3.03% effective with the December 2024 distribution. THIRD QUARTER 2024 HIGHLIGHTS Highlights for the three month period ended September 30, 2024 are set out below: Financial: Granite's net operating income ("NOI") was $119.6 million in the third quarter of 2024 compared to $109.2 million in the prior year period, an increase of $10.4 million primarily as a result of the completion of two development projects in Canada and the United States, the completi
11/6/24 5:00:00 PM ET
$GRP
Granite REIT Notice of Conference Call for Third Quarter 2024 Results
Granite Real Estate Investment Trust ("Granite") (TSX:GRT, NYSE:GRP) expects to announce its financial results for the third quarter ended September 30, 2024 after the close of markets on Wednesday, November 6, 2024. Granite will hold a conference call and live audio webcast to discuss its financial results. The conference call will be chaired by Kevan Gorrie, President and Chief Executive Officer. Conference Call: Date: Thursday, November 7, 2024 at 11:00 a.m. (ET) Telephone: North America (Toll-Free): 1-800-579-2543 International (Toll): 1-785-424-1789 Conference ID/Passcode: REIT Webcast: To access th
10/4/24 6:39:00 AM ET
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Granite Announces 2024 Second Quarter Results and the Issuance of its 2023 Global ESG+R Report
Granite Real Estate Investment Trust and Granite REIT Inc. (TSX:GRT, NYSE:GRP) ("Granite" or the "Trust") announced today its combined results for the three and six month periods ended June 30, 2024. SECOND QUARTER 2024 HIGHLIGHTS Highlights for the three month period ended June 30, 2024 are set out below: Financial: Granite's net operating income ("NOI") was $116.8 million in the second quarter of 2024 compared to $108.6 million in the prior year period, an increase of $8.2 million primarily as a result of the completion of a development property in Brantford, Canada in the first quarter of 2024, contractual rent adjustments and consumer price index based increases and renewal lea
8/7/24 5:00:00 PM ET
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Granite Real Estate Inc. Stapled Units, each consisting of one unit of Granite Real Estate Trust and one common share of Granite REIT Inc. Q1 FFO $0.91 Up From $0.87 YoY, Sales $103.05M Up From $95.87M YoY
Granite Real Estate Inc. Stapled Units, each consisting of one unit of Granite Real Estate Trust and one common share of Granite REIT Inc. (NYSE:GRP) reported quarterly earnings of $0.91 per share. This is a 4.02 percent increase over earnings of $0.87 per share from the same period last year. The company reported $103.05 million in sales this quarter. This is a 7.50 percent increase over sales of $95.87 million the same period last year.
5/8/24 6:18:41 PM ET
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Earnings Scheduled For February 28, 2024
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2/28/24 6:24:02 AM ET
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Granite Real Estate Inc. Stapled Units, each consisting of one unit of Granite Real Estate Trust and one common share of Granite REIT Inc. Q1 FFO $0.91 Up From $0.87 YoY, Sales $103.05M Up From $95.87M YoY

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Recent Analyst Ratings for $GRP

$GRP Leadership Updates

Live Leadership Updates

Granite Announces Voting Results From Its 2024 Joint Annual General and Special Meetings of Stapled Unitholders

Granite Announces Voting Results From Its 2022 Joint Annual General and Special Meetings of Stapled Unitholders

Granite Announces Voting Results From Its 2021 Joint Annual General Meetings of Stapled Unitholders

$GRP Press Releases

Fastest customizable press release news feed in the world

Granite Announces 2024 Third Quarter Results and a 3.03% Distribution Increase Commencing in December 2024

Granite REIT Declares Distribution for October 2024

Granite REIT Completes C$800 Million Offering of Senior Unsecured Debentures and Repayment of Its US$400 Million Term Loan

$GRP Financials

Live finance-specific insights

Granite Announces 2024 Third Quarter Results and a 3.03% Distribution Increase Commencing in December 2024

Granite REIT Notice of Conference Call for Third Quarter 2024 Results

Granite Announces 2024 Second Quarter Results and the Issuance of its 2023 Global ESG+R Report

$GRP Market Insights

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