Granite Real Estate Investment Trust. Stock Analysis GRT.UN.TO

Granite Real Estate Investment Trust engages in the development, management, rental, and ownership of industrial, warehouse, and logistic properties. 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 approximately 147 investment properties representing approximately 62.6 million square feet of leasable area. The Trust’s 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. 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. The development properties are comprised of both properties under development and land held for development.