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Granite Real Estate Investment Trust

GRP_u
53.701USD
+0.406+0.76%
Close 11/21, 16:00ETQuotes delayed by 15 min
3.25BMarket Cap
11.20P/E TTM

Granite Real Estate Investment Trust

53.701
+0.406+0.76%

More Details of Granite Real Estate Investment Trust Company

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 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. 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.

Granite Real Estate Investment Trust Info

Ticker SymbolGRP_u
Company nameGranite Real Estate Investment Trust
IPO dateAug 20, 2003
CEOMr. Kevan S. Gorrie
Number of employees70
Security type- -
Fiscal year-endAug 20
Address77 King Street West, Suite 4010, P.O. Box 159
CityTORONTO
Stock exchange- -
CountryCanada
Postal codeM5K 1H1
Phone16479257500
Websitehttps://granitereit.com/
Ticker SymbolGRP_u
IPO dateAug 20, 2003
CEOMr. Kevan S. Gorrie

Company Executives of Granite Real Estate Investment Trust

Name
Name/Position
Position
Shareholding
Change
Mr. Kevan S. Gorrie
Mr. Kevan S. Gorrie
President, Chief Executive Officer, Director, Trustee
President, Chief Executive Officer, Director, Trustee
115.96K
+0.19%
Mr. Lorne Kumer
Mr. Lorne Kumer
Executive Vice President, Head of Global Real Estate
Executive Vice President, Head of Global Real Estate
77.26K
+3.23%
Mr. Peter Aghar
Mr. Peter Aghar
Independent Trustee
Independent Trustee
51.60K
--
Ms. Teresa Neto
Ms. Teresa Neto
Chief Financial Officer
Chief Financial Officer
47.76K
+5.33%
Mr. Lawrence Clarfield
Mr. Lawrence Clarfield
Executive Vice President, General Counsel, Corporate Secretary
Executive Vice President, General Counsel, Corporate Secretary
27.74K
+2.35%
Mr. Remco Daal
Mr. Remco Daal
Independent Trustee
Independent Trustee
26.00K
--
Mr. Aladin W. (Al) Mawani, CPA
Mr. Aladin W. (Al) Mawani, CPA
Independent Trustee
Independent Trustee
9.00K
-10.00%
Mr. Kelly John Marshall
Mr. Kelly John Marshall
Independent Chairman of the Board of Trustees
Independent Chairman of the Board of Trustees
--
--
Ms. Emily Pang
Ms. Emily Pang
Independent Trustee
Independent Trustee
--
--
Ms. Fern Grodner
Ms. Fern Grodner
Independent Trustee
Independent Trustee
--
--
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Kevan S. Gorrie
Mr. Kevan S. Gorrie
President, Chief Executive Officer, Director, Trustee
President, Chief Executive Officer, Director, Trustee
115.96K
+0.19%
Mr. Lorne Kumer
Mr. Lorne Kumer
Executive Vice President, Head of Global Real Estate
Executive Vice President, Head of Global Real Estate
77.26K
+3.23%
Mr. Peter Aghar
Mr. Peter Aghar
Independent Trustee
Independent Trustee
51.60K
--
Ms. Teresa Neto
Ms. Teresa Neto
Chief Financial Officer
Chief Financial Officer
47.76K
+5.33%
Mr. Lawrence Clarfield
Mr. Lawrence Clarfield
Executive Vice President, General Counsel, Corporate Secretary
Executive Vice President, General Counsel, Corporate Secretary
27.74K
+2.35%
Mr. Remco Daal
Mr. Remco Daal
Independent Trustee
Independent Trustee
26.00K
--

Revenue Breakdown

Currency: USDUpdated: Mon, Oct 6
Currency: USDUpdated: Mon, Oct 6
FY2024
FY2023
FY2022
FY2021
FY2020
FY2019
Relevant data have not been disclosed by the company yet.
By RegionUSD
Name
Revenue
Proportion
United States
314.18M
55.20%
Canada
96.59M
16.97%
Austria
73.52M
12.92%
Netherlands
43.80M
7.70%
Germany
41.05M
7.21%
By Business
By Region
Relevant data have not been disclosed by the company yet.

Shareholding Stats

Updated: Sun, Nov 16
Updated: Sun, Nov 16
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
1832 Asset Management L.P.
7.94%
RBC Dominion Securities, Inc.
5.38%
CIBC Asset Management Inc.
4.80%
The Vanguard Group, Inc.
4.63%
BMO Asset Management Inc.
4.51%
Other
72.74%
Shareholders
Shareholders
Proportion
1832 Asset Management L.P.
7.94%
RBC Dominion Securities, Inc.
5.38%
CIBC Asset Management Inc.
4.80%
The Vanguard Group, Inc.
4.63%
BMO Asset Management Inc.
4.51%
Other
72.74%
Shareholder Types
Shareholders
Proportion
Investment Advisor
53.71%
Investment Advisor/Hedge Fund
13.66%
Research Firm
2.55%
Pension Fund
1.89%
Sovereign Wealth Fund
1.40%
Insurance Company
1.17%
Individual Investor
0.68%
Bank and Trust
0.38%
Corporation
0.15%
Other
24.41%

Institutional Shareholding

Updated: Wed, Oct 1
Updated: Wed, Oct 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q3
298
43.71M
72.13%
-2.50M
2025Q2
311
46.75M
77.14%
-2.33M
2025Q1
314
46.33M
75.96%
-2.30M
2024Q4
313
45.71M
72.90%
-2.35M
2024Q3
339
45.99M
73.29%
-2.22M
2024Q2
336
45.96M
72.93%
-3.27M
2024Q1
341
47.20M
74.57%
-2.56M
2023Q4
348
47.82M
75.00%
-3.59M
2023Q3
342
48.27M
75.71%
-1.76M
2023Q2
342
48.34M
75.81%
-1.43M
View more

Shareholder Activity

Name
Shares Held
Proportion
Change
Chg %
Date
1832 Asset Management L.P.
5.29M
8.73%
+196.44K
+3.86%
Jun 30, 2025
RBC Dominion Securities, Inc.
3.12M
5.15%
+70.84K
+2.32%
Mar 31, 2025
CIBC Asset Management Inc.
3.08M
5.08%
-581.23K
-15.88%
Jun 30, 2025
The Vanguard Group, Inc.
2.85M
4.7%
+23.57K
+0.84%
Jun 30, 2025
BMO Asset Management Inc.
2.69M
4.44%
+161.53K
+6.38%
Jun 30, 2025
BlackRock Institutional Trust Company, N.A.
2.55M
4.21%
-4.02K
-0.16%
Sep 30, 2025
Connor, Clark & Lunn Investment Management Ltd.
1.26M
2.08%
-34.34K
-2.66%
Jun 30, 2025
Mackenzie Investments
1.69M
2.79%
-29.98K
-1.74%
Jun 30, 2025
Mawer Investment Management Ltd.
1.75M
2.88%
-148.45K
-7.83%
Jun 30, 2025
RBC Global Asset Management Inc.
1.32M
2.19%
+49.06K
+3.85%
Jun 30, 2025
View more

Related ETFs

Updated: Sun, Nov 2
Updated: Sun, Nov 2
Name
Proportion
Pacer Industrial Real Estate ETF
1.41%
Cambria Global Real Estate ETF
1.31%
iShares Intl Developed Small Cap Value Factor ETF
0.62%
iShares International Developed Real Estate ETF
0.46%
Xtrackers International Real Estate ETF
0.38%
SPDR Dow Jones International Real Estate ETF
0.37%
FlexShares Global Quality Real Estate Index Fund
0.27%
iShares Global REIT ETF
0.2%
iShares Environmentally Aware Real Estate ETF
0.18%
Schwab International Small-Cap Equity ETF
0.15%
View more
Pacer Industrial Real Estate ETF
Proportion1.41%
Cambria Global Real Estate ETF
Proportion1.31%
iShares Intl Developed Small Cap Value Factor ETF
Proportion0.62%
iShares International Developed Real Estate ETF
Proportion0.46%
Xtrackers International Real Estate ETF
Proportion0.38%
SPDR Dow Jones International Real Estate ETF
Proportion0.37%
FlexShares Global Quality Real Estate Index Fund
Proportion0.27%
iShares Global REIT ETF
Proportion0.2%
iShares Environmentally Aware Real Estate ETF
Proportion0.18%
Schwab International Small-Cap Equity ETF
Proportion0.15%

Dividend

A total of 968.19M USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Feb 14, 2025
GRP_u.NB Interim Cash Dividend of gross CAD 0.2833 paid on Mar 14, 2025 going ex on Feb 28, 2025
Feb 28, 2025
Mar 14, 2025
Feb 28, 2025
Jan 18, 2025
GRP_u.NB Interim Cash Dividend of gross CAD 0.2833 paid on Feb 14, 2025 going ex on Jan 31, 2025
Jan 31, 2025
Feb 14, 2025
Jan 31, 2025
Dec 17, 2024
GRP_u.NB Final Cash Dividend of gross CAD 0.2833 paid on Jan 15, 2025 going ex on Dec 31, 2024
Dec 31, 2024
Jan 15, 2025
Dec 31, 2024
Nov 15, 2024
GRP_u.NB Interim Cash Dividend of gross CAD 0.275 paid on Dec 16, 2024 going ex on Nov 27, 2024
Nov 27, 2024
Dec 16, 2024
Nov 27, 2024
Oct 17, 2024
GRP_u.NB Interim Cash Dividend of gross CAD 0.275 paid on Nov 15, 2024 going ex on Oct 31, 2024
Oct 31, 2024
Nov 15, 2024
Oct 31, 2024
Sep 16, 2024
GRP_u.NB Interim Cash Dividend of gross CAD 0.275 paid on Oct 15, 2024 going ex on Sep 27, 2024
Sep 27, 2024
Oct 15, 2024
Sep 27, 2024
Aug 16, 2024
GRP_u.NB Interim Cash Dividend of gross CAD 0.275 paid on Sep 16, 2024 going ex on Aug 30, 2024
Aug 30, 2024
Sep 16, 2024
Aug 30, 2024
Jul 17, 2024
GRP_u.NB Interim Cash Dividend of gross CAD 0.275 paid on Aug 15, 2024 going ex on Jul 31, 2024
Jul 31, 2024
Aug 15, 2024
Jul 31, 2024
Jun 17, 2024
GRP_u.NB Interim Cash Dividend of gross CAD 0.275 paid on Jul 15, 2024 going ex on Jun 28, 2024
Jun 28, 2024
Jul 15, 2024
Jun 28, 2024
May 17, 2024
GRP_u.NB Interim Cash Dividend of gross CAD 0.275 paid on Jun 14, 2024 going ex on May 31, 2024
May 31, 2024
Jun 14, 2024
May 31, 2024
View more

Stock Split

Date
Type
Ratio
No Data
Date
Type
Ratio
No Data

FAQs

Who are the top five shareholders of Granite Real Estate Investment Trust?

The top five shareholders of Granite Real Estate Investment Trust are:
1832 Asset Management L.P. holds 5.29M shares, accounting for 8.73% of the total shares.
RBC Dominion Securities, Inc. holds 3.12M shares, accounting for 5.15% of the total shares.
CIBC Asset Management Inc. holds 3.08M shares, accounting for 5.08% of the total shares.
The Vanguard Group, Inc. holds 2.85M shares, accounting for 4.70% of the total shares.
BMO Asset Management Inc. holds 2.69M shares, accounting for 4.44% of the total shares.

What are the top three shareholder types of Granite Real Estate Investment Trust?

The top three shareholder types of Granite Real Estate Investment Trust are:
1832 Asset Management L.P.
RBC Dominion Securities, Inc.
CIBC Asset Management Inc.

How many institutions hold shares of Granite Real Estate Investment Trust (GRP_u)?

As of 2025Q3, 298 institutions hold shares of Granite Real Estate Investment Trust, with a combined market value of approximately 43.71M, accounting for 72.13% of the total shares. Compared to 2025Q2, institutional shareholding has increased by -5.01%.

What is the biggest source of revenue for Granite Real Estate Investment Trust?

In FY2024, the -- business generated the highest revenue for Granite Real Estate Investment Trust, amounting to -- and accounting for --% of total revenue.
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