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Granite REIT Declares CAD 0.2833 Distribution for March 2025
ByAinvest
Tuesday, Mar 18, 2025 10:06 am ET1min read
Granite Real Estate Investment Trust announced a distribution of CAD 0.2833 per unit for March 2025, payable on April 15, 2025. The distribution will be paid to unitholders of record at the close of trading on March 31, 2025.
Granite Real Estate Investment Trust (Granite), a leading Canadian-based real estate investment trust, recently declared a distribution for the month of March 2025 [1]. The distribution amounted to CAD 0.2833 per unit and will be paid on April 15, 2025, to unitholders of record at the close of trading on March 31, 2025 [1][2].This announcement comes amidst a robust performance from Granite. The trust, which is engaged in the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties in North America and Europe, owns a total of 143 investment properties representing approximately 63.3 million square feet of leasable area [1].
The distribution declared by Granite's board of trustees does not constitute effectively connected income for U.S. federal tax purposes [1]. This information is essential for unitholders based in the United States to understand their tax obligations.
Granite's financial data and other publicly filed documents are available on the Canadian Securities Administrators' System for Electronic Data Analysis and Retrieval (SEDAR) and the United States Securities and Exchange Commission's Electronic Data Gathering, Analysis, and Retrieval System (EDGAR) [1].
Investors seeking further information about Granite are encouraged to visit the trust's website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Senior Director, Legal & Investor Services, at 647-925-7504 [1].
References:
[1] Granite REIT Declares Distribution for March 2025. Business Wire, 17 Mar. 2025, https://www.businesswire.com/news/home/20250317754334/en/Granite-REIT-Declares-Distribution-for-March-2025.
[2] Granite Real Estate Investment Trust Announces Distribution for March 2025. Morningstar News, 17 Mar. 2025, https://www.morningstar.com/news/business-wire/20250317754334/granite-reit-declares-distribution-for-march-2025.
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