TORONTO, Jan. 17, 2013 /CNW/ - Granite Real Estate Investment Trust ("Granite") (TSX: GRT.UN / NYSE:
GRP.U) announced today that its board of trustees has declared a distribution
on Granite's stapled units of CDN$0.175 per stapled unit. The
distribution will be paid by Granite on February 15, 2013 to stapled
unitholders of record at the close of trading on January 31, 2013. The
stapled units will begin trading on an ex-dividend basis at the opening
of trading on January 29, 2013.
Granite is a Canadian-based REIT engaged in the ownership and management
of predominantly industrial properties in Canada, the United States,
Mexico and Europe. The REIT owns and manages approximately 28 million
square feet in 104 rental income properties. Our tenant base currently
includes operating subsidiaries of Magna International Inc. as our
largest tenants, together with tenants from other industries.
Copies of financial data and other publicly filed documents are
available through the internet on the Canadian Securities
Administrators' System for Electronic Document Analysis and Retrieval
(SEDAR) which can be accessed at www.sedar.com and on the United States Securities and Exchange Commission's
Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which
can be accessed at www.sec.gov. For further information about Granite, please see our website at www.granitereit.com.
SOURCE: Granite Real Estate Investment Trust
For further information:
Tom Heslip, Chief Executive Officer, at 647-925-7539 or Michael Forsayeth, Chief Financial Officer, at 647-925-7600.