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 Trustâs 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.

Employees

Sector

Commercial REITs

Calendar

25/02 - Q4 2025 Earnings Release

More about the company

Quotes

Date	Price	Change	Volume
14/26/14	87.52 $	+0.70%	95,828
13/26/13	86.91 $	-0.26%	1,36,288
12/26/12	87.14 $	+1.24%	81,264
09/26/09	86.07 $	+2.77%	77,258
08/26/08	83.75 $	+0.58%	1,44,023

Delayed Quote Toronto S.E., January 15, 2026 at 02:30 am IST

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Income Statement and Estimates

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

87.52CAD

Average target price

91.90CAD

Spread / Average Target

+5.00%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

Market Closed - Toronto S.E. Other stock markets 02:30:00 15/01/2026 am IST			5-day change	1st Jan Change
87.52 ^CAD	+0.70%		+5.10%	+8.68%

15/01	Granite REIT Announcing Acquisitions, Dispositions and Providing a Leasing Update	MT
15/01	Granite REIT Brief: Announcing C$292 Million in Acquisitions, C$190 Million in Dispositions and Providing a Leasing Update	MT

Capitalization	530.29Cr 382.21Cr 327.97Cr 305.37Cr 284.17Cr 35TCr 571.67Cr 3.51TCr 1.38TCr 17TCr 1.43TCr 1.4TCr 60TCr	P/E ratio 2025 *	-	P/E ratio 2026 *	-
Enterprise value	824.92Cr 594.56Cr 510.19Cr 475.03Cr 442.05Cr 54TCr 889.28Cr 5.46TCr 2.15TCr 26TCr 2.23TCr 2.18TCr 94TCr	EV / Sales 2025 *	13.5x	EV / Sales 2026 *	8.24x
Free-Float	99.74%	Yield 2025 *	3.89%	Yield 2026 *	4.02%

15/01	Granite REIT Announcing Acquisitions, Dispositions and Providing a Leasing Update	MT
15/01	Granite REIT Brief: Announcing C$292 Million in Acquisitions, C$190 Million in Dispositions and Providing a Leasing Update	MT
02/01	Granite REIT Brief: Says Has Qualified to Trade on the OTCQX Best Market	MT
31/12	Brookfield Properties, Inc acquired Rickenbacker West industrial building at 1901 Beggrow St. from Granite Real Estate Investment Trust (TSX:GRT.UN) for $66 million.	CI
18/12	Granite Real Estate Investment Trust Declares Distribution for December 2025, Payable on January 15, 2026	CI
11/12	Granite REIT Brief: Says Its Listing on the TSX Will Be Unaffected By Delisting From the NYSE	MT
11/12	Granite REIT Brief: Announcing Its Intention to Voluntarily Delist From NYSE and Deregister From Its SEC Reporting Obligations	MT
15/11	Granite Real Estate Investment Trust Declares Distribution for November 2025, Payable on December 15, 2025	CI
11/11	Granite REIT Outperform Rating Confirmed and Target Raised to $90.00 from $88.00 at RBC	MT
06/11	Granite Real Estate Investment Trust, Q3 2025 Earnings Call, Nov 06, 2025
06/11	Earnings Flash (GRT-UN.TO) Granite REIT Reports Q3 FFO $89.9 Million ($1.48 per unit); 4.4% Distribution Increase Commencing in December 2025	MT
06/11	Granite REIT Q3 revenue slightly beats expectations	RE
06/11	Tranche Update on Granite Real Estate Investment Trust (TSX:GRT.UN)'s Equity Buyback Plan announced on May 22, 2025.	CI

11/11	Granite REIT Outperform Rating Confirmed and Target Raised to $90.00 from $88.00 at RBC	MT
08/25/08	CANADA RESEARCH ROUNDUP-Atkinsréalis, Bombardier, Kinaxis	RE
08/25/08	Granite REIT Brief: Keeps Outperform, Target Raised To C$85 From $78.50 at National Bank Which Notes Q2 Increased Guidance On "Solid" U.S. Leasing	MT
07/25/07	Granite REIT Q2 revenue misses estimates	RE
20/25/20	Granite REIT Maintained at Outperform With an $86.00 Price Target at RBC Capital Markets	MT

Granite Real Estate Investment Trust Share Price Toronto S.E.

Equities

GRT.UN

CA3874371147

Commercial REITs

Valuation: Granite Real Estate Investment Trust

Chart: Granite Real Estate Investment Trust

Latest news: Granite Real Estate Investment Trust

Last Transcript: Granite Real Estate Investment Trust

Analysts' recommendations: Granite Real Estate Investment Trust

Press Releases: Granite Real Estate Investment Trust

Quotes and Performance

Course Extremes

Managers and Directors: Granite Real Estate Investment Trust

ETFs: Granite Real Estate Investment Trust

Industrial REITs

Financials

Company Profile

Quotes

Income Statement and Estimates

Analysts' Consensus

Quarterly revenue - Rate of surprise

15/01	Granite REIT Announces C$292 Million in Acquisitions, C$190 Million in Dispositions and Provides a Leasing Update	BU
22/12	Granite REIT Notice of Conference Call for Fourth Quarter and Year-End 2025 Results	BU
18/12	Granite REIT Declares Distribution for December 2025	BU
13/12	Granite Real Estate Investment Trust Announces Final Day of Trading on the NYSE	BU
11/12	Granite Real Estate Investment Trust Announces Its Intention to Voluntarily Delist From the NYSE and Deregister From Its SEC Reporting Obligations	BU

Manager	Title	Age	Since
Kevan Gorrie CEO	Chief Executive Officer	57	05/06/2018
Teresa Neto DFI	Director of Finance/CFO	-	08/07/2019
Michael Ramparas CIO	Chief Investment Officer	-	01/02/2012

Director	Title	Age	Since
Peter Aghar BRD	Director/Board Member	58	15/06/2017
Aladin Mawani BRD	Director/Board Member	74	15/06/2017
Remco Daal BRD	Director/Board Member	60	15/06/2017

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
GRANITE REAL ESTATE INVESTMENT TRUST	+0.70%	+5.10%	-	-	382.21Cr
PROLOGIS, INC.	+1.53%	+4.18%	+22.28%	+8.46%	12TCr
GOODMAN GROUP	+1.46%	+2.70%	-14.53%	+63.94%	4.21TCr
EASTGROUP PROPERTIES, INC.	+0.71%	+1.46%	+14.77%	+15.66%	991.53Cr
REXFORD INDUSTRIAL REALTY, INC.	+0.74%	+4.01%	+5.65%	-30.51%	951.26Cr
FIRST INDUSTRIAL REALTY TRUST, INC.	+0.07%	+1.41%	+18.42%	+15.82%	783.28Cr
FIBRA PROLOGIS	+2.10%	+5.91%	+41.68%	+34.17%	730.55Cr
STAG INDUSTRIAL, INC.	+0.11%	+0.45%	+12.31%	+7.72%	703.86Cr
WAREHOUSES DE PAUW SA	+1.72%	+1.89%	+23.17%	-21.03%	635.95Cr
TERRENO REALTY CORPORATION	+1.49%	+2.89%	+1.89%	-3.06%	628.75Cr
Average	+1.06%	+2.22%	+13.96%	+10.13%	2.43TCr
Weighted average by Cap.	+1.36%	+3.16%	+13.78%	+17.66%

	2025 *	2026 *
Net sales	61Cr 44Cr 38Cr 35Cr 33Cr 3.99TCr 66Cr 406.03Cr 159.73Cr 1.91TCr 165.77Cr 162.36Cr 6.99TCr	64Cr 46Cr 40Cr 37Cr 34Cr 4.19TCr 69Cr 426.2Cr 167.67Cr 2TCr 174.01Cr 170.42Cr 7.34TCr
Net income	30Cr 22Cr 19Cr 17Cr 16Cr 1.95TCr 32Cr 198.15Cr 78Cr 931.57Cr 81Cr 79Cr 3.41TCr	39Cr 28Cr 24Cr 22Cr 21Cr 2.52TCr 42Cr 256.08Cr 100.74Cr 1.2TCr 104.56Cr 102.4Cr 4.41TCr
Net Debt	294.63Cr 212.35Cr 182.22Cr 169.66Cr 157.88Cr 19TCr 317.61Cr 1.95TCr 767.37Cr 9.17TCr 796.4Cr 779.98Cr 34TCr	-

1 day	+0.70%
Current month	+8.68%
Current year	+8.68%

3 years	62.72	88.58
5 years	62.72	105.79
10 years	35.6	105.79