Granite REIT 2024 AR2
The report highlights Granite REIT's strong financial and operational performance in 2024, delivering a 9.5% increase in FFO per unit and achieving a committed occupancy rate of 95.0%. The company simplified its capital structure by uncoupling its stapled unit structure into a conventional REIT trust unit structure. In sustainability, Granite ranked first in its GRESB peer groups and expanded its on-site solar PV capacity to 49.4 MW, exceeding its initial targets. Additionally, the company obtained 14 new green building certifications, bringing its certified portfolio to 54% by floor area.
Company: Granite REIT
Sector: Financials
Country: Canada
Year: 2024
Type: AR2
Pages: 137
Granite REIT
Annual Report
The report highlights Granite REIT's strong financial and operational performance in 2024, delivering a 9.5% increase in FFO per unit and achieving a committed occupancy rate of 95.0%. The company simplified its capital structure by uncoupling its stapled unit structure into a conventional REIT trust unit structure. In sustainability, Granite ranked first in its GRESB peer groups and expanded its on-site solar PV capacity to 49.4 MW, exceeding its initial targets. Additionally, the company obtained 14 new green building certifications, bringing its certified portfolio to 54% by floor area.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available