Industry: Real estate not elsewhere classified
On Aug. 30, 2021, Granite REIT Holdings Limited Partnership (Granite LP), a subsidiary of Granite Real Estate Investment Trust and Granite REIT Inc. (collectively, Granite), completed an offering of $500 million aggregate principal amount of Series 6 senior unsecured debentures due 2028 (2028 Debentures). The 2028 Debentures were Granite’s second green bond issuance pursuant to its Green Bond Framework, and were sold by way of a prospectus supplement by a syndicate of agents co-led by Scotia Capital Inc. and RBC Capital Markets, and which included TD Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., iA Private Wealth Inc. and National Bank Financial Inc.
Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 119 investment properties representing approximately 51.3 million square feet of leasable area.
Granite LP was represented by its senior vice president, legal counsel,
Blake, Cassels & Graydon LLP also represented Granite LP with respect to corporate/securities matters, with a team that included
Davies Ward Phillips & Vineberg LLP also represented Granite LP with respect to tax matters, with a team that included