Granite Real Estate Reports Q3 2025 Results and Announces Distribution Increase

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2025.11.05 23:12
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Granite Real Estate Investment Trust reported Q3 2025 results with revenue rising to $153 million, up from $141.9 million year-over-year. The company announced a 4.4% increase in distributions starting December 2025. Analysts rate the stock as a Buy with a C$89.00 price target, highlighting strong financial performance and positive technical indicators. Granite focuses on industrial and logistics properties and has a market cap of C$4.66B.