TSX:GRT.UNIndustrial REITs
Is Granite REIT’s New C$250 Million ATM and Board Refresh Altering The Investment Case For Granite Real Estate Investment Trust (TSX:GRT.UN)?
In February 2026, Granite Real Estate Investment Trust reported full-year 2025 revenue of C$618.7 million, alongside net income of C$342.34 million and a new C$250 million at-the-market follow-on equity offering of REIT units.
On the same day, Granite REIT refreshed its board with the appointments of capital-markets specialist Amber Choudhry and global infrastructure investor Jonathan Kelly, while two long-serving trustees signalled plans to step down at the June 2026 AGM.
We’ll now examine...