Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Rentable Square Feet (K) : 0.00 (As of . 20)

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What is Granite Real Estate Investment Trust Rentable Square Feet (K)?

Rentable Square Feet (K) is defined as the usable square feet plus a portion of the building’s common space. Usually, more rentable square feet means the company has more assets that can be used to produce profit, but operating expenses should also be considered to determine if the asset is used efficiently.

The historical rank and industry rank for Granite Real Estate Investment Trust's Rentable Square Feet (K) or its related term are showing as below:

GRP.U's Rentable Square Feet (K) is not ranked ^*
in the REITs industry.
Industry Median:
* Ranked among companies with meaningful Rentable Square Feet (K) only.

Granite Real Estate Investment Trust Rentable Square Feet (K) Historical Data

The historical data trend for Granite Real Estate Investment Trust's Rentable Square Feet (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Granite Real Estate Investment Trust Rentable Square Feet (K) Chart

Granite Real Estate Investment Trust Annual Data

Trend

Dec19

Dec20

Dec21

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Dec23

Rentable Square Feet (K)

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Competitive Comparison of Granite Real Estate Investment Trust's Rentable Square Feet (K)

For the REIT - Industrial subindustry, Granite Real Estate Investment Trust's Rentable Square Feet (K), along with its competitors' market caps and Rentable Square Feet (K) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Granite Real Estate Investment Trust (NYSE:GRP.U) Rentable Square Feet (K) Explanation

Rentable Square Feet (K) is defined as the usable square feet plus a portion of the building’s common space. It is similar to the inventory of the manufacturing industry since it reflects the company’s resources and can produce rent revenue.

Usually, more rentable square feet means the company has more assets that can be used to produce profit, but operating expenses should also be considered to determine if the asset is used efficiently.

Granite Real Estate Investment Trust Rentable Square Feet (K) Related Terms

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Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Real Estate Investment Trust (NYSE:GRP.U) » Definitions » Rentable Square Feet (K)

Comparable Companies

Traded in Other Exchanges

4I7:Germany GRT.UN:Canada

Address

77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1

Website

https://www.granitereit.com

Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.