Granite Real Estate Investment Trust Declares Distribution for July 2024

Granite Real Estate Investment Trust has announced that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of July 2024. This distribution will be paid to stapled unitholders of record at the close of trading on Wednesday, July 31, 2024, and will be paid on Thursday, August 15, 2024. It's also been confirmed that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.

Key Takeaways:

• Granite Real Estate Investment Trust has declared a distribution of CDN $0.275 per stapled unit for the month of July 2024.
• The distribution will be paid to stapled unitholders of record at the close of trading on Wednesday, July 31, 2024.
• The payment will be made on Thursday, August 15, 2024.
• No portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.
• Granite owns 143 investment properties representing approximately 63.3 million square feet of leasable area.
• The company's website, www.granitereit.com, provides further information, including company updates, financial data, and publicly filed documents.
• The Depository Trust & Clearing Corporation will receive a qualified notice providing the breakdown of the sources of the distribution subsequent to the record date.

Statistics:

• CDN $0.275: the declared distribution per stapled unit for the month of July 2024.
• July 2024: the month for which the distribution has been declared.
• 143: the number of investment properties owned by Granite.
• 63.3 million square feet: the approximate leasable area of Granite's owned properties.
• 100%: the percentage of distribution not considered effectively connected income for U.S. federal tax purposes.

Sources:

• Businesswire news release: https://www.businesswire.com/news/home/20240717974403/en/
• TSX: GRT.UN
• NYSE: GRP.U
• SEDAR+: www.sedarplus.ca
• EDGAR: www.sec.gov