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Granite Real Estate Investment Trust (GRT_u.TO)

GRT_u.TO on Toronto Stock Exchange

63.95CAD
22 Mar 2019
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Latest Key Developments (Source: Significant Developments)

Granite Reports Qtrly Adjusted FFO Of $0.87 Per Unit
Thursday, 7 Mar 2019 

March 6 (Reuters) - Granite Real Estate Investment Trust ::GRANITE ANNOUNCES FOURTH QUARTER AND YEAR END RESULTS FOR 2018.QTRLY FUNDS FROM OPERATIONS $0.90 PER UNIT.NET OPERATING INCOME WAS $52.4 MILLION IN Q4 2018 COMPARED TO $54.5 MILLION IN THE PRIOR YEAR PERIOD.QTRLY ADJUSTED FUNDS FROM OPERATIONS $0.87 PER UNIT.Q4 FFO PER SHARE VIEW C$0.85 -- REFINITIV IBES DATA.  Full Article

Granite Reports Q2 FFO Per Share Of C$0.82
Wednesday, 1 Aug 2018 

July 31 (Reuters) - Granite Real Estate Investment Trust ::GRANITE ANNOUNCES 2018 SECOND QUARTER RESULTS.Q2 REVENUE C$62.1 MILLION VERSUS C$60.5 MILLION.Q2 FFO PER SHARE C$0.82 INCLUDING ITEMS.Q2 FFO PER SHARE VIEW C$0.88 -- THOMSON REUTERS I/B/E/S.QTRLY ADJUSTED FUNDS FROM OPERATIONS EARNINGS PER SHARE WAS $0.64.  Full Article

Granite To Acquire German Logistics Property And Sell Aurora, Ontario Office Properties
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Granite Real Estate Investment Trust ::GRANITE TO ACQUIRE GERMAN LOGISTICS PROPERTY AND SELL AURORA, ONTARIO OFFICE PROPERTIES.GRANITE REAL ESTATE INVESTMENT TRUST - DEAL FOR PURCHASE PRICE OF EURO 53.9 MILLION.GRANITE REAL ESTATE INVESTMENT TRUST - TRANSACTION WILL BE IMMEDIATELY ACCRETIVE TO FUNDS FROM OPERATIONS AND ADJUSTED FUNDS FROM OPERATIONS.GRANITE REAL ESTATE INVESTMENT TRUST - TRANSACTION WILL BE FUNDED FROM A COMBINATION OF CASH ON HAND AND GRANITE'S CREDIT FACILITY.GRANITE REIT- RECENTLY ENTERED AGREEMENT TO SELL OFFICE PROPERTIES IN AURORA, ONTARIO THAT SERVE AS CORPORATE HEADQUARTERS FOR MAGNA INTERNATIONAL INC.GRANITE REAL ESTATE INVESTMENT TRUST - SALE OF OFFICE PROPERTIES WILL GENERATE TOTAL GROSS PROCEEDS OF $60 MILLION.GRANITE REAL ESTATE INVESTMENT TRUST - SALE OF OFFICE PROPERTIES WILL BE ACCRETIVE TO GRANITE'S NET ASSET VALUE.  Full Article

Granite Q1 Adjusted FFO Per Share C$0.67
Friday, 11 May 2018 

May 11 (Reuters) - Granite Real Estate Investment Trust ::GRANITE ANNOUNCES 2018 FIRST QUARTER RESULTS.Q1 REVENUE C$61.7 MILLION VERSUS C$60.8 MILLION.Q1 ADJUSTED FFO PER SHARE C$0.67.Q1 FFO PER SHARE C$1.11.  Full Article

Granite Announces Acquisition Of Us$232.5 Mln Portfolio In The United States
Friday, 11 May 2018 

May 10 (Reuters) - Granite Real Estate Investment Trust ::GRANITE ANNOUNCES ACQUISITION OF US$232.5 MILLION PORTFOLIO IN THE UNITED STATES.GRANITE ANNOUNCES ACQUISITION OF US$232.5 MILLION PORTFOLIO IN THE UNITED STATES.EXPECTS TO FUND PURCHASE THROUGH A COMBINATION OF CASH ON HAND AND A DRAWDOWN OF ITS UNSECURED CREDIT FACILITY.PORTFOLIO OF PROPERTIES ARE LOCATED IN WEST JEFFERSON WHICH IS APPROXIMATELY 20 MILES WEST OF COLUMBUS.  Full Article

Granite announces 2017 third quarter results and increases distribution
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Granite Real Estate Investment Trust :Granite announces 2017 third quarter results and increases distribution.Q3 revenue C$55.3 million versus C$56.3 million.Q3 adjusted FFO per share C$0.85.Q3 FFO per share C$0.86.Granite Real Estate Investment Trust - ‍granite will increase its targeted annualized distribution by 4.6% to $2.72 ($0.227 per month) per stapled unit​.  Full Article

Granite Q2 FFO per unit $0.67
Thursday, 3 Aug 2017 

Aug 2 (Reuters) - Granite Real Estate Investment Trust :Granite announces 2017 second quarter results.Rental revenue and tenant recoveries were $55.0 million in q2 compared to $56.4 million in prior year period.Qtrly ffo per unit $0.67.Qtrly affo per unit $0.69.  Full Article