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7 Nov, 2024
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Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 108 investment properties representing approximately 45.3 million square feet of leasable area. Granite’s portfolio spans the three top markets in Europe (the United Kingdom, France and Germany) as well as key markets in North America (Toronto, Montreal, Chicago, Atlanta and Dallas). Granite is a blended landlord with onsite property management capabilities in each market. As at June 30, 2020, Granite has an enterprise value of CAD$10.1 billion (based on an exchange rate of 0.76), including unencumbered assets of $2.2 billion representing 22% of total assets