Granite Real Estate Investment Trust logo

Granite Real Estate Investment Trust (GRT.UN)

Market Closed
12 Dec, 20:00
TSX TSX
CA$
77. 73
+0.27
+0.35%
CA$
4.68B Market Cap
- P/E Ratio
1.1% Div Yield
82,800 Volume
- Eps
CA$ 77.46
Previous Close
Day Range
77.59 78.56
Year Range
55.25 82.45
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Summary

GRT.UN closed Friday higher at CA$77.73, an increase of 0.35% from Thursday's close, completing a monthly increase of 1.66% or CA$1.27. Over the past 12 months, GRT.UN stock gained 11.84%.
GRT.UN is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 3 different exchanges and in various currencies, with the primary listing on TSX (CAD).

GRT.UN Chart

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Granite Real Estate Investment Trust (GRT.UN) FAQ

What is the stock price today?

The current price is CA$77.73.

On which exchange is it traded?

Granite Real Estate Investment Trust is listed on TSX.

What is its stock symbol?

The ticker symbol is GRT.UN.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 1.1%.

What is its market cap?

As of today, the market cap is 4.68B.

Has Granite Real Estate Investment Trust ever had a stock split?

No, there has never been a stock split.

Granite Real Estate Investment Trust Profile

Industrial REITs Industry
Real Estate Sector
Mr. Kevan S. Gorrie ICD.D, P. Eng CEO
TSX Exchange
- ISIN
Canada Country
69 Employees
16 Dec 2024 Last Dividend
- Last Split
- IPO Date

Overview

Granite is a prominent Canadian-based Real Estate Investment Trust (REIT) focused on the strategic acquisition, development, ownership, and management of a portfolio that primarily encompasses logistics, warehouse, and industrial properties. Catering to an international market, Granite's operations extend across North America and Europe, illustrating the company's global footprint and strategic placement in key logistics corridors. With a portfolio that includes 143 investment properties, Granite covers an impressive leasable area of approximately 62.9 million square feet. This vast expanse of property under management reflects Granite's significant place in the industrial real estate sector, highlighting its potential for growth and its role in supporting the global logistics and warehousing industry.

Products and Services

  • Acquisition of Properties

Granite specializes in the strategic acquisition of logistics, warehouse, and industrial properties. Through thorough market analysis and foresight, Granite identifies and acquires properties that promise long-term value and growth. This enables the company to expand its portfolio in key markets, enhancing its geographical footprint and market presence.

  • Development of Properties

Aside from acquisitions, Granite channels investments into the development of logistics, warehouse, and industrial properties. These development projects are geared towards meeting the modern needs of businesses, incorporating state-of-the-art facilities and sustainable construction practices. By developing properties, Granite ensures its portfolio remains competitive and relevant, catering to the dynamic demands of the logistics and warehousing sector.

  • Ownership and Management

Granite takes a proactive approach in the ownership and management of its portfolio, employing strategies that enhance asset value and operational efficiency. The company's management team focuses on maintaining high occupancy rates, securing long-term leases, and optimizing operational costs. This comprehensive approach to property management not only sustains steady revenue streams but also ensures the long-term appreciation of the company's assets.

Contact Information

Address: Toronto-Dominion Centre
Phone: 647 925 7500