Granite REIT Holdings Limited Partnership, founded in 2011 and headquartered in Toronto, Canada, is a real estate investment trust focused on acquiring, developing, and managing high-quality industrial properties in North America and Europe. The company primarily invests in logistics and distribution facilities to provide long-term, stable cash flows for its investors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GRTCN 2.19% 2028-08-30 CADGranite REIT Holdings Limited Partnership | Canada | 2028-08-30 | 2.194 | 3.26 |
| GRTCN 2.38% 2030-12-18 CADGranite REIT Holdings Limited Partnership | Canada | 2030-12-18 | 2.378 | 3.72 |
| GRTCN 4.35% 2031-10-04 CADGranite REIT Holdings Limited Partnership | Canada | 2031-10-04 | 4.348 | 4.05 |
| GRTCN 6.07% 2029-04-12 CADGranite REIT Holdings Limited Partnership | Canada | 2029-04-12 | 6.074 | 3.58 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Granite REIT has been an active issuer of bonds since its inception, with significant milestones including its first bond issuance in 2014 aimed at financing acquisitions. Notably, the company raised CAD 300 million through senior unsecured notes in 2020, which saw strong demand and helped lower its overall borrowing costs. Currently, Granite REIT's bonds offer competitive yields compared to peers in the real estate sector, supplemented by strong credit ratings, reflecting the stability and growth of its asset base amidst favorable market conditions.