Business
Granite REIT Announces Closing of Property Acquisition in the United States
TORONTO , Aug. 9, 2013 /CNW/ - Granite Real Estate Investment Trust ("Granite") (TSX: G...
About this update from Granite Real Estate Investment Trust
[{"type":"text","content":"\n\n\nTORONTO, Aug. 9, 2013 /CNW/ - Granite Real Estate Investment Trust (\"Granite\") (TSX: GRT.UN / NYSE:\n GRP.U) today announced that it has closed its acquisition of a 600,000 square\n foot logistics-distribution facility in West Chester (Cincinnati), Ohio\n from Fifth & Pacific Companies, Inc. (NYSE: FNP) at a purchase price of\n U.S. $21.0 million.  The agreement to acquire the property was\n previously announced on July 30, 2013.\n\n\nABOUT GRANITE\n\n\nGranite is a Canadian-based REIT engaged in the ownership and management\n of predominantly industrial properties in North America and Europe.\n Granite owns approximately 30 million square feet and over 100\n properties. Our tenant base currently includes Magna International Inc.\n and its operating subsidiaries as our largest tenants, together with\n tenants from other industries.\n\n\nOTHER INFORMATION\n\n\nCopies of financial data and other publicly filed documents are\n available through the internet on Canadian Securities Administrators'\n Systems for Electronic Document Analysis and Retrieval (SEDAR) which\n can be accessed at www.sedar.com and on the United States Securities and Exchange Commission's\n Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which\n 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\n Michael Forsayeth, Chief Financial Officer, at 647-925-7600.\n\nSOURCE: Granite REIT\n\n\n 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. Copyright CNW Group 2013","length":2572,"tagName":"div"}]