Granite REIT definition
Examples of Granite REIT in a sentence
Therefore, these financial statements have been prepared on a combined basis whereby the assets, liabilities and results of Granite GP and Granite REIT have been combined.
The combined financial statements include the subsidiaries of Granite GP and Granite REIT.
Subsidiaries are fully consolidated by Granite GP or Granite REIT from the date of acquisition, being the date on which control is obtained.
As a result of the REIT conversion described in note 1, the Trust does not have a single parent; however, each unit of Granite REIT and each share of Granite GP trade as a single stapled unit and accordingly, Granite REIT and Granite GP have identical ownership.
Control exists when Granite GP or Granite REIT have power, exposure or rights to variable returns and the ability to use their power over the entity to affect the amount of returns it generates.
The condensed combined financial statements include the financial position and results of operations and cash flows of each of Granite REIT and Granite GP.
I have reviewed the combined interim financial report and interim MD&A (together, the "interim filings") of Granite Real Estate Investment Trust and Granite REIT Inc.
I have reviewed the combined interim financial report and interim MD&A (together, the “interim filings”) of Granite Real Estate Investment Trust and Granite REIT Inc.
Granite REIT is authorized to issue an unlimited number of units.
The combined financial statements include the financial position and results of operations and cash flows of each of Granite REIT and Granite GP.