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wn.com - 1 month ago

GRANITE ANNOUNCES 2020 SECOND QUARTER RESULTS

77 King St. W., Suite 4010 P.O. Box 159 Toronto, Ontario Canada M5K 1H1 GRANITE ANNOUNCES 2020 SECOND QUARTER RESULTS August 11, 2020, Toronto, Ontario, Canada - Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN; NYSE: GRP.U) ( Granite or the Trust ) announced today its combined results for the three and six month periods ended June 30, 2020. HIGHLIGHTS Highlights for the three month period ended June 30, 2020, including events subsequent to the quarter, are set out below: Granite s net operating income ( NOI ) was $71.2 million in the second quarter of 2020 compared to $59.1 million in the prior year period, an increase of $12.1 million...


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