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Granite Provides Update on Acquisitions, Operations and ESG Program

Granite Real Estate Investment Trust ("Granitea??) (TSX: GRT.UN / NYSE: GRP.U) announced today that it has completed its acquisition of eight income-producing properties in the United States comprising approximately 4.0 million square feet ("SFa??) at a combined purchase price of approximately C$332 million (US$246.1 million). The properties are being acquired at an in-going weighted average yield of approximately 5.5%.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200708005887/en/
Granite Provides Update on Acquisitions, Operations and ESG Program
8779 Le Saint Drive, West Chester, OH (Photo: Business Wire)
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