Granite Real Estate Investment Trust Overview
Pro stress-test →Granite Real Estate Investment Trust is a REIT engaged in the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties in North America and Europe. As of November 5, 2025, Granite owned approximately 60.9 million square feet in 140 investment properties across five countries.
Strategic Profile
Pro stress-test →Granite derives nearly all of its revenue in the form of rental income from its properties. Magna International, an automotive parts and systems manufacturer, accounts for the majority of Granite's lease income. The company operates regional asset management offices in multiple jurisdictions with a core presence in Toronto.
Competitive Landscape
Pro stress-test →Granite competes with major REITs in industrial and logistics real estate including diversified competitors like RioCan Real Estate Investment Trust and Calloway REIT. The industrial warehouse segment is highly competitive with growth driven by e-commerce demand. Concentrated tenant base with Magna International reduces competitive flexibility versus peers with diversified tenant rosters.
Industry Context
Granite Real Estate Investment Trust operates in Real Estate Investment Trust (Industrial & Logistics).
Key facts
Headquarters: Toronto, Canada