TORONTO, March 15, 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 April 15, 2013 to stapled
unitholders of record at the close of trading on March 29, 2013. The
stapled units will begin trading on an ex-dividend basis at the opening
of trading on March 27, 2013.
Granite is a Canadian-based REIT engaged in the ownership and management
of predominantly industrial properties in North America and Europe.
Granite owns approximately 29 million square feet in 106 rental income
properties. Our tenant base currently includes Magna International Inc.
and its operating subsidiaries 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 Canadian Securities Administrators'
Systems 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, please see our website at www.granitereit.com or contact Tom Heslip, Chief Executive Officer, at 647-925-7539 or
Michael Forsayeth, Chief Financial Officer, at 647-925-7600.
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.