Granite Real Estate (TSE:GRT.UN) has released an update.
Granite Real Estate Investment Trust reports a robust second quarter in 2024, revealing increased revenue and net operating income compared to the previous year. The company utilizes non-IFRS measures to provide investors with a comprehensive understanding of its financial and operational performance. Key financial indicators such as FFO and AFFO demonstrate a solid financial position, with a lower FFO payout ratio indicating a strong potential for sustained distributions to unitholders.
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