Granite Real Estate Investment Trust (Granite REIT) is a Canadian-based industrial real estate investment trust that acquires, develops, owns, and manages logistics, warehouse, and industrial properties. The trust operates a diversified portfolio of over 130 income-producing properties, representing approximately 60 million square feet of gross leasable area. Granite's assets primarily consist of logistics and distribution warehouses, multipurpose buildings, and manufacturing facilities. The company generates revenue primarily through long-term lease agreements with high-quality tenants operating in the e-commerce, distribution, and automotive industries. Geographically, Granite's footprint spans North America and Europe, with significant operations in Canada, the United States, Austria, Germany, and the Netherlands. A notable portion of its portfolio historically stems from its origins as a spin-off from Magna International, which remains a principal tenant. The company's strategy focuses on maintaining high occupancy rates, pursuing strategic acquisitions, and developing modern logistics facilities to capitalize on global supply chain and e-commerce growth.
