Real Estate News 24

Real Estate News 24

Granite Real Estate Investment Trust : REIT Declares Distribution for September 2021

Beth McCandry

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its Board of Trustees has approved a dividend of $ 0.250 per unit stapled for the month of September 2021 Paid October 8th, 2021 to registered holders of fixed shares at close of trading on Thursday, September 30th, 2021. 2021 on the Toronto Stock Exchange and on the New York Stock Exchange.

Granite certifies that no part of the distribution is effectively related income for US federal tax purposes. Qualified notice with a breakdown of the sources of distribution will be sent to the Depository Trust & Clearing Corporation after the September 30, 2021 cut-off date pursuant to U.S. Treasury Department Ordinance Section 1.1446-4.

ABOUT GRANITE

Granite is a Canada-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 119 investment properties with approximately 51.3 million square feet of rentable space.

OTHER INFORMATION

Copies of financial data and other publicly filed documents about Granite are available on the Internet on the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) available at www.sedar.com and from the United States Securities and Exchange. The Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) is available at www.sec.gov. For more information, please visit our website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Manager, Legal & Investor Services, at 647-925-7504.