Granite REIT Declares Distribution for March 2020
March 17 2020 - 4:06PM
Business Wire
Granite Real Estate Investment Trust (“Granite”) (TSX:
GRT.UN / NYSE: GRP.U) announced today that its board of
trustees has declared a distribution of CAD$0.242 per stapled unit
for the month of March 2020. The distribution will be paid by
Granite on April 15, 2020 to stapled unitholders of record at the
close of trading on March 31, 2020. The stapled units will begin
trading on an ex-dividend basis at the opening of trading on
Monday, March 30, 2020 on the Toronto Stock Exchange and on the New
York Stock Exchange.
Granite confirms that no portion of the distribution constitutes
effectively connected income for U.S. federal tax purposes. A
qualified notice providing the breakdown of the sources of the
distribution will be issued to the Depository Trust & Clearing
Corporation subsequent to the record date of March 31, 2020,
pursuant to United States Treasury Regulation Section 1.1446-4.
ABOUT GRANITE
Granite is a Canadian-based REIT engaged in the acquisition,
development, ownership and management of industrial, warehouse and
logistics properties in North America and Europe. Granite owns over
90 investment properties representing approximately 40 million
square feet of leasable area.
OTHER INFORMATION
Copies of financial data and other publicly filed documents
about Granite are available through the internet on the 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 Teresa Neto, Chief
Financial Officer, at 647-925-7560 or Andrea Sanelli, Manager,
Legal & Investor Services, at 647-925-7504.
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version on businesswire.com: https://www.businesswire.com/news/home/20200317005812/en/
Teresa Neto, Chief Financial Officer 647-925-7560 or Andrea
Sanelli, Manager, Legal & Investor Services 647-925-7504
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