Distribution Announcement - Granite Real Estate Investment Trust has declared a distribution of CDN $0.2958 per unit for January 2026, payable on February 13, 2026, to unitholders of record as of January 30, 2026 [1] Tax Information - Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes, with a qualified notice to be issued to the Depository Trust & Clearing Corporation after the record date [2] Company Overview - Granite is a Canadian-based REIT focused on the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties in North America and Europe, owning 147 investment properties with approximately 62.6 million square feet of leasable area [3]

Distribution Announcement - Granite Real Estate Investment Trust has declared a distribution of CDN $0.2958 per unit for December 2025, payable on January 15, 2026, to unitholders of record as of December 31, 2025 [1] Tax Information - The company confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes, with a qualified notice to be issued to the Depository Trust & Clearing Corporation after the record date [2] Company Overview - Granite is a Canadian-based Real Estate Investment Trust (REIT) focused on the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties in North America and Europe, owning 140 investment properties with approximately 60.9 million square feet of leasable area [3]

Core Viewpoint - Granite Real Estate Investment Trust intends to voluntarily delist its trust units from the New York Stock Exchange (NYSE) and deregister from its reporting obligations under the United States Securities Exchange Act of 1934, while maintaining its listing on the Toronto Stock Exchange (TSX) [1][2][3]. Group 1 - The decision to delist from the NYSE is driven by consistently low trading volumes, with the NYSE accounting for less than 1% of Granite's global average daily trading volume [2][3]. - The company aims to reduce operating costs, achieve administrative efficiencies, and simplify its structure by maintaining only the TSX listing [2][3]. - Granite plans to file a Form 25 with the SEC on or about December 22, 2025, with the delisting expected to be effective around January 1, 2026 [3]. Group 2 - Following the delisting, Granite will continue to meet its SEC reporting obligations until it can terminate the registration of its units under SEC rules [3]. - The company has applied for its units to be quoted on the OTCQX platform, with trading expected to begin on or about December 23, 2025 [4]. - Unitholders will not need to exchange their unit certificates or take any action regarding the OTC Markets quotation [4]. Group 3 - Granite is a Canadian-based Real Estate Investment Trust (REIT) focused on the acquisition, development, ownership, and management of logistics, warehouse, and industrial properties in North America and Europe, owning 140 investment properties with approximately 60.9 million square feet of leasable area [6].