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Granite REIT announces C$292 million acquisitions and C$190 million dispositions.
Summary
Granite Real Estate Investment Trust announced C$292 million in acquisitions, C$190 million in dispositions and provided a leasing update; the press release includes forward-looking statements and refers to its Feb. 26, 2025 Annual Information Form and Q3 2025 MD&A.
Content
Granite Real Estate Investment Trust issued a press release announcing C$292 million of acquisitions, C$190 million of dispositions and a leasing update. The statement highlights expectations and plans for the properties involved. It also contains a formal forward-looking information caution under Canadian securities rules. The release points readers to the Trust's Annual Information Form and recent MD&A for more detailed risk information.
Key details:
- The announcement reports C$292 million in acquisitions and C$190 million in dispositions.
- A leasing update was provided in the same press release.
- The release contains forward-looking information about expectations for mark-to-market income growth, expected stabilized yields, and a United Kingdom development project.
- It also mentions expectations about reducing credit facility balance, disposing of assets, and generating operating cash flow.
- The press release refers to the Annual Information Form dated February 26, 2025 and the management discussion and analysis for the three months ended September 30, 2025 for risk details, and disclaims any obligation to update forward-looking statements.
Summary:
The announcement describes recent portfolio transactions and a leasing update while stressing that forward-looking statements are predictions rather than guarantees and depend on many factors. The company directs readers to its AIF and Q3 MD&A for fuller descriptions of risks and assumptions. Undetermined at this time.
