Granite Real Estate Investment Trust (NYSE: GRP) files to delist Units

Rhea-AI Filing Summary

Granite Real Estate Investment Trust has filed a Form 25 as a notification of removal from listing and/or registration of its Units under Section 12(b) of the Securities Exchange Act of 1934. The filing identifies the New York Stock Exchange LLC as the exchange on which these Units have been listed. The document is signed by Chief Financial Officer Teresa Neto and dated 2025-12-22, indicating management’s authorization of this step.

Positive

• None.

Negative

• Granite Real Estate Investment Trust has initiated removal of its Units from listing and/or registration on the New York Stock Exchange under Section 12(b), which can reduce liquidity and visibility for existing holders.

Insights

Equity markets and listing analyst

Granite REIT has taken formal steps to remove its Units from NYSE listing and/or registration under Section 12(b).

The document shows Granite Real Estate Investment Trust submitting a Form 25 for its class of securities described as Units on the New York Stock Exchange LLC. Form 25 is the mechanism used to notify regulators of a removal from listing and/or registration under Section 12(b), so this is a structural change in how the Units are traded on that exchange.

The filing is signed by Chief Financial Officer Teresa Neto and dated 2025-12-22, confirming that this action is authorized at a senior level. The practical impact for investors will depend on where and how the Units trade after removal from the NYSE and on any alternative listing or trading arrangements that may be addressed in other company communications.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING

AND/OR REGISTRATION UNDER SECTION 12(b)

OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number 001-35771

Issuer:		Granite Real Estate Investment Trust
Exchange:		NEW YORK STOCK EXCHANGE LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:		Suite 4010, 77 King Street West, P.O. Box 159, Toronto-Dominion Centre
		Toronto, Ontario		M5K 1H1
Telephone number:						(647) 925-7500

(Address, including zip code, and telephone number, including area code, of Issuer’s principal executive offices)

              Units               

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

☐ 17 CFR 240.12d2-2(a)(1)

☐ 17 CFR 240.12d2-2(a)(2)

☐ 17 CFR 240.12d2-2(a)(3)

☐ 17 CFR 240.12d2-2(a)(4)

☐ Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

☒ Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements of the Securities Exchange Act of 1934, GRANITE REAL ESTATE INVESTMENT TRUST certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2025-12-22				By		/s/ Teresa Neto				Chief Financial Officer
Date						Name				Title

¹  Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What action is Granite Real Estate Investment Trust taking in this filing?

Granite Real Estate Investment Trust has filed a Form 25, which is a notification of removal from listing and/or registration of a class of securities under Section 12(b) of the Securities Exchange Act of 1934.

Which securities of Granite Real Estate Investment Trust are affected?

The filing identifies the affected class of securities as Units of Granite Real Estate Investment Trust.

On which exchange are Granite Real Estate Investment Trust Units being removed from listing and/or registration?

The Form 25 specifies the New York Stock Exchange LLC as the exchange related to the removal from listing and/or registration.

Who signed the Granite Real Estate Investment Trust Form 25 and in what capacity?

The Form 25 is signed by /s/ Teresa Neto, who is identified as the Chief Financial Officer of Granite Real Estate Investment Trust.

What is the date of Granite Real Estate Investment Trust’s Form 25?

The Form 25 is dated 2025-12-22, indicating when the notification of removal from listing and/or registration was executed.

Where is Granite Real Estate Investment Trust’s principal executive office located?

The principal executive offices are listed as Suite 4010, 77 King Street West, P.O. Box 159, Toronto-Dominion Centre, Toronto, Ontario M5K 1H1, with telephone number (647) 925-7500.