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Granite REIT Announces 2025 Second Quarter Results, the Closing of $49.5 Million of New Acquisitions, and the Issuance of Its 2024 Global ESG+R Report
Granite Real Estate Investment Trust (TSX: GRT.UN; NYSE: GRP.U) ("Granite" or the "Trust") anno...
About this update from Granite Real Estate Investment Trust
[{"type":"text","content":"Granite REIT Announces 2025 Second Quarter Results, the Closing of $49.5 Million of New Acquisitions, and the Issuance of Its 2024 Global ESG+R Report\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistdisc { list-style-type: disc }\n.bwnowrap { white-space: nowrap }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl3 { padding-left: 15px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth20 { width: 20% }\n.bwwidth5 { width: 5% }\n.bwwidth50 { width: 50% }\n.bwwidth55 { width: 55% }\n.bwwidth6 { width: 6% }\n.bwwidth60 { width: 60% }\n.bwwidth73 { width: 73% }\n.bwwidth9 { width: 9% }\n \n\n\n\n\n Granite Real Estate Investment Trust (TSX: GRT.UN; NYSE: GRP.U)\n \n (\"Granite\" or the \"Trust\") announced today its condensed consolidated combined results for the three and six month periods ended June 30, 2025 and also announced that it has completed the acquisition of two income-producing properties in the United States comprising approximately 0.1 million square feet at a combined purchase price of approximately $49.5 million. Further, Granite announced that today it released its 2024 Environmental, Social, Governance + Resilience (ESG+R) Report.\n \n\n This press release features multimedia. View the full release here:\n \n https://www.businesswire.com/news/home/20250806568685/en/\n \n\n\n\n\n 3850 NW and 3872 NY 126th Avenue, Coral Springs, Florida\n \n\n\n\n SECOND QUARTER 2025 HIGHLIGHTS\n \n\n\n Highlights for the three month period ended June 30, 2025 are set out below:\n \n\n\n Financial:\n \n\n\n\n Granite's net operating income (\"NOI\") was $123.4 million in the second quarter of 2025 compared to $116.8 million in the pri...