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grpu - grpu STOCK NEWS

Welcome to our dedicated news page for grpu (Ticker: grpu), a resource for investors and traders seeking the latest updates and insights on grpu.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect grpu's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of grpu's position in the market.

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Granite Real Estate Investment Trust (TSX: GRT.UN; NYSE: GRP.U) announced its combined results for the three and nine month periods ended September 30, 2023, including a 3.125% distribution increase effective December 2023. Financial highlights show a 7.0% increase in same property NOI - cash basis, FFO of $79.1 million, and AFFO of $69.6 million for the third quarter of 2023. Granite also completed a disposition of a property in Ontario for $20.6 million and secured financing through a senior unsecured non-revolving term facility and an offering of senior unsecured debentures.
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Granite Real Estate Investment Trust declares distribution for October 2023
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Granite REIT completes C$400 million offering of 6.074% Series 7 senior unsecured debentures due April 12, 2029
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Granite REIT announces C$400 million offering of 6.074% Series 7 senior unsecured debentures due April 12, 2029
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Granite Real Estate Investment Trust (GRT.UN / GRP.U) will announce its Q3 2023 financial results on November 8, 2023. Conference call to be held on November 9, 2023. Replay available until November 20, 2023.
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Granite Real Estate Investment Trust declares distribution of CDN $0.2667 per stapled unit for September 2023.
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Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) has declared a distribution of CDN $0.2667 per stapled unit for August 2023. The distribution will be paid on September 15, 2023, to unitholders of record as of August 31, 2023. The stapled units will begin trading ex-dividend on August 30, 2023, on the Toronto Stock Exchange and New York Stock Exchange. The distribution is not considered effectively connected income for U.S. federal tax purposes.
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Granite Real Estate Investment Trust (TSX: GRT.UN; NYSE: GRP.U) announced its combined results for Q2 2023, reporting a net operating income of $108.6 million, a 17.0% increase from the prior year period. The company also released its 2022 Environmental, Social, Governance + Resilience (ESG+R) Report. Additionally, Granite recognized $13.5 million in net fair value losses on investment properties in Q2 2023. The company achieved average rental rate spreads of 15% over expiring rents and signed a new lease for 44,000 square feet at its property in Novi, Michigan. Granite's net income for Q2 2023 was $62.5 million, compared to a net loss of $122.3 million in the prior year period.
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Granite Real Estate Investment Trust (TSX: GRT.UN / NYSE: GRP.U) has declared a distribution of CDN $0.2667 per stapled unit for July 2023. The distribution will be paid on August 15, 2023, to stapled unitholders of record as of July 31, 2023. The stapled units will begin trading ex-dividend on July 28, 2023, on the Toronto Stock Exchange and New York Stock Exchange.
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