About Granite REIT
Granite REIT is a publicly listed company based in Toronto (Canada) founded in 1998. Limited information available. The company has 70 employees. Its chief executive, as recorded, is Kevan Gorrie.
Company details
Granite REIT was established in 1998 and is headquartered in Toronto, Canada. Operations are centered on acquiring, developing, and managing industrial properties, primarily in North America. Leasing services are provided to a range of tenants in the logistics and manufacturing sectors. The portfolio is overseen from the companys base, with Kevan Gorrie serving as CEO to guide investment strategies.
- Headquarters Toronto, Canada
- Employees 70
- Stage Public
- Email••••••••
- Website granitereit.com
- Social LinkedIn
- Legal Name Granite Real Estate Investment Trust
- Annual Revenue$451.87 M (USD)8.71as on Dec 31, 2025
- Net Profit$250.03 M (USD)-5.07as on Dec 31, 2025
- EBITDA$339.41 M (USD)5.21as on Dec 31, 2025
- Latest Funding Round$209.26M (USD), Debt – Conventional
Feb 2025
- Employee Count70
Funding Insights of Granite REIT
- Total Rounds 2
- Last Round Debt – Conventional — $209.26M
- First Round $300M
(Dec 2018)
All 2 funding rounds of Granite REIT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $209.26M | Debt – Conventional | – | – | – |
| Dec 2018 | $300M | Debt – Conventional | – | – | – |
People of Granite REIT
23 people are tracked at Granite REIT (15 in leadership, 8 in team); the tracked headcount is 70.
| Name | Role | Group |
|---|---|---|
Kevan Gorrie | CEO | Leadership |
Lindy Li | Senior Director, Financial Reporting, Planning & Analysis | Leadership |
Lisa Lau | Senior Director, Corporate Controller | Leadership |
Teresa Neto | Chief Financial Officer | Leadership |
Kristy Boys | Senior Vice President, Finance | Leadership |
Tim Pickering | Vice President Of Taxation | Leadership |
Lawrence Clarfield | Executive Vice President, General Counsel And Corporate Secretary | Leadership |
Michael A. Ramparas | Executive Vice President, Global Real Estate And Head Of Investments | Leadership |
Witsard Schaper | Senior Vice President, Head Of Europe | Leadership |
Wolfgang Sorger | Vice President, Construction, Europe | Leadership |
Keith Stephen | Vice President, Sustainability & Environment | Leadership |
Andrew Mazurek | Director Of Information Technology | Leadership |
Lorne Kumer | Executive Vice President, Head Of Global Real Estate | Leadership |
Paul Galos | Vice President, Finance Europe | Leadership |
Iqra A. | Director, HR | Leadership |
Alex Au | Payroll And Benefit Manager | Team |
Sabiya Ladha | Senior Manager, Treasury | Team |
Vanda Strijk | Accounting Manager | Team |
Ying Xin | Senior Corporate Accountant | Team |
Tijmen Schoonderbeek | Senior Financial Analyst | Team |
3 more people are available in the full profile.
Complete people profiles for Granite REIT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Granite REIT
Granite REIT is a publicly listed company on the TSX with ticker symbol GRT.UN in Canada, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date20 Aug 2003
- Listed onNYSE: GRP.U
- Listed entityGranite Real Estate Investment Trust
- Exchange sectorFinance
- ISINCA3874372053
- Share price83.72 CAD (+0.02% on the day) · 2026-10-13
- Market capitalisation5,197,671,567.00 CAD
- Price to earnings14.0
- EPS (diluted, trailing year)5.98 CAD
- Dividend yield4.21%
- Volume (last session)62,339
Financials of Granite REIT
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 618.7M CAD | 342.3M CAD | 464.7M CAD |
| 2024 | 569.1M CAD | 360.6M CAD | 441.7M CAD |
| 2023 | 521.2M CAD | 136.7M CAD | 376.5M CAD |
| 2022 | 455.6M CAD | 155.8M CAD | 362.3M CAD |
| 2021 | 393.5M CAD | 1.31B CAD | 293.1M CAD |
Detailed financial statements for Granite REIT
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Granite REIT
4 dated milestones of Granite REIT across 27 years, from founding to its latest funding, stage changes and deals.
- Founded Granite REIT is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $300.0M.
- Funding Latest funding round, Debt – Conventional, of $209.3M.
Web traffic of Granite REIT
The website of Granite REIT (granitereit.com) receives about 8.9K visits a month.
- Monthly visits8.9K
▲ 33.8% vs previous month
Websites whose visitors overlap most with Granite REIT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
carvalinvestors.com | carvalinvestors.com | 100% | – | ||
pie-mag.com | pie-mag.com | 100% | – | ||
| ampcapital.com | 100% | View details | |||
| principalglobal.com | 100% | View details | |||
ncreif.org | ncreif.org | 100% | #2,907,965 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Granite REIT
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- 11 similar websites
- Audience overlap
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Related news about Granite Reit
Complete news archive for Granite REIT
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Frequently Asked Questions about Granite REIT
Granite REIT was founded in 1998 and raised its 1st funding round 20 years after it was founded.
Granite REIT is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Kevan Gorrie is the CEO of Granite REIT, as recorded in our data.
Granite REIT has 70 employees.
Annual revenue of Granite REIT is $451.87M as on Dec 31, 2025.
Granite REIT was established in 1998 and is headquartered in Toronto, Canada. Operations are centered on acquiring, developing, and managing industrial properties, primarily in North America. Leasing services are provided to a range of tenants in the logistics and manufacturing sectors. The portfolio is overseen from the companys base, with Kevan Gorrie serving as CEO to guide investment strategies.
Yes, Granite REIT is publicly traded on TSX under the ticker symbol GRT.UN.