Granite REIT Q2 FY26 FFO climbs 11.5% to $95.2 million; revenue rises 10.6% to $165.1 million

• Granite Real Estate Investment Trust posted Q2 net income attributable to unitholders of $70 million, down 26.32% from a year earlier.
• Revenue rose 10.58% to $165.1 million, while net operating income increased 9.72% to $135.4 million.
• Non-IFRS FFO climbed 11.48% to $95.2 million, lifting diluted FFO per unit to $1.56 from $1.39.
• Non-IFRS AFFO edged up 2.93% to $77.3 million, with diluted AFFO per unit at $1.26 from $1.23; the AFFO payout ratio widened 1 percentage point to 70%.
• In-place occupancy improved to 98.0% at June 30, 2026; 709,975 units were issued under the ATM Program for gross proceeds of $68.4 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Granite Real Estate Investment Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051700BIZWIRE_USPR_____20260805_BW403891) on August 05, 2026, and is solely responsible for the information contained therein.