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

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

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

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

Granite Real Estate Investment Trust ("Granite REIT") and Granite REIT Inc. ("Granite GP") (collectively, "Granite") (TSX:GRT, NYSE:GRP) announced today that on October 1, 2024 Granite completed the previously-announced court-approved plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement") to replace Granite's stapled unit structure with a conventional REIT trust unit structure. The Arrangement was approved by holders of Granite's stapled units ("Stapled Units") (each consisting of a unit of Granite REIT (a "Granite REIT Unit") and a common share of Granite GP (a "Granite GP Share"), at meetings of unitholders held on June 6, 2024 and by a final order

Granite Real Estate Investment Trust ("Granite REIT") and Granite REIT Inc. ("Granite GP" and, together with Granite REIT, "Granite") (TSX:GRT, NYSE:GRP) announced today that the previously announced court approved plan of arrangement to simplify Granite's capital structure by replacing its current stapled unit structure with a conventional REIT trust unit structure (the "Arrangement"), is expected to be completed and become effective on or about October 1, 2024 (the "Effective Date"). Currently, Granite unitholders hold stapled units ("Stapled Units"), each of which consists of one Granite REIT unit and one common share of Granite GP. Upon completion of the Arrangement (i) the two compone

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 stapled unit for the month of September 2024. The distribution will be paid by Granite on Tuesday, October 15, 2024 to stapled unitholders of record at the close of trading on Friday, September 27, 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 September 27, 2024, pursuant to United

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 stapled unit for the month of August 2024. The distribution will be paid by Granite on Monday, September 16, 2024 to stapled unitholders of record at the close of trading on Friday, August 30, 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 August 30, 2024, pursuant to United States

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

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 stapled unit for the month of July 2024. The distribution will be paid by Granite on Thursday, August 15, 2024 to stapled unitholders of record at the close of trading on Wednesday, July 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 July 31, 2024, pursuant to United States Tre

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

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

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

Granite Real Estate Investment Trust ("Granite") (TSX:GRT, NYSE:GRP) expects to announce its financial results for the second quarter ended June 30, 2024 after the close of markets on Wednesday, August 7, 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, August 8, 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:

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 month period ended March 31, 2024. FIRST QUARTER 2024 HIGHLIGHTS Highlights for the three month period ended March 31, 2024 are set out below: Financial: Granite's net operating income ("NOI") was $114.5 million in the first quarter of 2024 compared to $107.4 million in the prior year period, an increase of $7.1 million primarily as a result of the completion of developments and expansions beginning in the first quarter of 2023, contractual rent adjustments and consumer price index based increases and renewal leasing activity;

Granite Real Estate Investment Trust ("Granite") (TSX:GRT, NYSE:GRP) expects to announce its financial results for the first quarter ended March 31, 2024 after the close of markets on Wednesday, May 8, 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, May 9, 2024 at 11:00 a.m. (ET)   Telephone: North America (Toll-Free): 1-800-579-2543 International (Toll): 1-785-424-1699   Conference ID/Passcode: REIT   Webcast: To access the live audio w

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 month period and year ended December 31, 2023 and that it has appointed Mr. Robert D. Brouwer to its Board of Trustees and Board of Directors. FOURTH QUARTER 2023 HIGHLIGHTS Highlights for the three month period and year ended December 31, 2023 are set out below: Financial: Granite's net operating income ("NOI") was $110.0 million in the fourth quarter of 2023 compared to $102.4 million in the prior year period, an increase of $7.6 million primarily as a result of the completion of developments and expansions beginning in the f

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 stapled unit for the month of January 2024. The distribution will be paid by Granite on Thursday, February 15, 2024 to stapled unitholders of record at the close of trading on Wednesday, January 31, 2024. The stapled units will begin trading on an ex-dividend basis at the opening of trading on Tuesday, January 30, 2024, on the Toronto Stock Exchange and on the New York Stock Exchange. Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providi

Granite Real Estate Investment Trust ("Granite") (TSX:GRT, NYSE:GRP) expects to announce its financial results for the fourth quarter and year-ended December 31, 2023 after the close of markets on Wednesday, February 28, 2024. Granite will hold a conference call on Thursday, February 29, 2024 at 11:00 a.m. (ET). The toll-free number to use for this call is 1 (800) 926-4951. For international callers, please call 1 (416) 981-9004. Please dial in at least 10 minutes prior to the commencement of the call. The conference call will be chaired by Kevan Gorrie, President and Chief Executive Officer. To hear a replay of the scheduled call, please dial 1 (800) 558-5253 (North America) or 1 (416)

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 stapled unit for the month of December 2023. The distribution will be paid by Granite on Tuesday, January 16, 2024 to stapled unitholders of record at the close of trading on Friday, December 29, 2023. The stapled units will begin trading on an ex-dividend basis at the opening of trading on Thursday, December 28, 2023, on the Toronto Stock Exchange and on the New York Stock Exchange. Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providin

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

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

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

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.

Companies Reporting Before The Bell • ICL Group (NYSE:ICL) is likely to report quarterly earnings at $0.08 per share on revenue of $1.69 billion. • Golden Ocean Group (NASDAQ:GOGL) is likely to report quarterly earnings at $0.27 per share on revenue of $193.12 million. • Wallbox (NYSE:WBX) is likely to report earnings for its fourth quarter. • Immunocore Hldgs (NASDAQ:IMCR) is estimated to report quarterly loss at $0.28 per share on revenue of $67.23 million. • Royal Bank of Canada (NYSE:RY) is likely to report quarterly earnings at $2.08 per share on revenue of $9.95 billion. • TG Therapeutics (NASDAQ:TGTX) is likely to report quarterly loss at $0.10 per share on revenue of $40.06 mil

Companies Reporting Before The Bell • Flex LNG (NYSE:FLNG) is estimated to report earnings for its third quarter. • Evotec (NASDAQ:EVO) is estimated to report quarterly loss at $0.05 per share on revenue of $186.09 million. • ICL Group (NYSE:ICL) is likely to report earnings for its third quarter. • SFL Corp (NYSE:SFL) is estimated to report quarterly earnings at $0.19 per share on revenue of $196.63 million. • Semantix (NASDAQ:STIX) is expected to report quarterly loss at $0.03 per share on revenue of $15.45 million. • Atlantica Sustainable (NASDAQ:AY) is projected to report quarterly earnings at $0.11 per share on revenue of $326.48 million. • PolyPid (NASDAQ:PYPD) is expected to re

Wednesday marks the last chance for investors to receive the next dividend payout from 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). What's Happening The company announced on Monday that it would pay shareholders a monthly dividend of 26.67 cents per share. On Thursday, Granite Real Estate Inc. Stapled Units, each consisting of one unit of Granite Real Estate Trust and one common share of Granite REIT Inc. will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 26.67 cents lower than it would have opened on any other day

Companies Reporting Before The Bell • Sony Group (NYSE:SONY) is estimated to report quarterly earnings at $0.96 per share on revenue of $18.11 billion. • ICL Group (NYSE:ICL) is expected to report quarterly earnings at $0.12 per share on revenue of $2.02 billion. • CAE (NYSE:CAE) is expected to report quarterly earnings at $0.16 per share on revenue of $762.48 million. • Sprott (NYSE:SII) is projected to report quarterly earnings at $0.46 per share on revenue of $50.42 million. • Sportradar Gr (NASDAQ:SRAD) is estimated to report quarterly earnings at $0.05 per share on revenue of $242.70 million. • Nomad Foods (NYSE:NOMD) is likely to report quarterly earnings at $0.40 per share on re

Monday marks the last chance for investors to receive the next dividend payout from 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). What's Happening The company announced on Wednesday that it would pay shareholders a monthly dividend of 26.67 cents per share. On Tuesday, Granite Real Estate Inc. Stapled Units, each consisting of one unit of Granite Real Estate Trust and one common share of Granite REIT Inc. will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 26.67 cents lower than it would have opened on any other day.

Wednesday marks the last chance for investors to receive the next dividend payout from 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). What's Happening The company announced on Monday that it would pay shareholders a monthly dividend of 26.67 cents per share. On Thursday, Granite Real Estate Inc. Stapled Units, each consisting of one unit of Granite Real Estate Trust and one common share of Granite REIT Inc. will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 26.67 cents lower than it would have opened on any other day

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 $0.78 per share. This is a 9.86 percent increase over earnings of $0.71 per share from the same period last year. The company reported quarterly sales of $93.51 million which beat the analyst consensus estimate of $84.60 million by 10.53 percent. This is a 11.96 percent increase over sales of $83.52 million the same period last year.

Companies Reporting Before The Bell • Daktronics (NASDAQ:DAKT) is expected to report quarterly earnings at $0.00 per share on revenue of $164.68 million. • Campbell Soup (NYSE:CPB) is expected to report quarterly earnings at $0.74 per share on revenue of $2.44 billion. • VersaBank (NASDAQ:VBNK) is projected to report quarterly earnings at $0.26 per share on revenue of $24.61 million. • Nuvei (NASDAQ:NVEI) is expected to report quarterly earnings at $0.41 per share on revenue of $217.43 million. • Membership Collective (NYSE:MCG) is expected to report quarterly loss at $0.22 per share on revenue of $254.64 million. • CI&T (NYSE:CINT) is expected to report quarterly earnings at $0.10 per

Friday marks the last chance for investors to receive the next dividend payout from 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). What's Happening The company announced on Thursday that it would pay shareholders a monthly dividend of 26.67 cents per share. On Monday, Granite Real Estate Inc. Stapled Units, each consisting of one unit of Granite Real Estate Trust and one common share of Granite REIT Inc. will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 26.67 cents lower than it would have opened on any other day. I