Public market insider buying at Granite REIT (GRT)

Public market insider buying at Granite REIT (T:GRT)

Sheila A. Murray, a Director, acquired 1,500 Trust Units (traded as a component of stapled units) on a direct ownership basis at a price of $79.723 on November 24th, 2022. This represents a $119,584 investment into the company's shares and an account share holdings change of greater than 100%.

Granite REIT is in the Commercial REITs Sub Industry Group under the Real Estate Sector.

Granite Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust (REIT). The Trust is engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. The Trust owns approximately 134 investment properties in five countries having approximately 55.9 million square feet of gross leasable area. The Trust's investment properties consist of income-producing properties, properties under development and land held for development. The income producing properties consist primarily of logistics, e-commerce and distribution warehouse, light industrial and heavy industrial manufacturing properties. The Trust has acquired approximately 19 income-producing industrial properties in Canada, the United States, the Netherlands, and Germany, four properties under development in the United States, and a parcel of development land in Canada. Granite Real Estate Investment Trust (GRT) has a high amount of executive buying compared to its large-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $119,584.