Granite Real Estate Investment Trust announced that its wholly owned subsidiary Granite REIT Holdings Limited Partnership (Granite LP) has completed its previously announced offering of $800 million aggregate principal amount of senior unsecured debentures in two series.

The offering includes:

(i) $250 million aggregate principal amount of 3.999 percent Series 8 senior unsecured debentures due October 4, 2029

(ii) $550 million aggregate principal amount of 4.348 percent Series 9 senior unsecured debentures due October 4, 2031

Granite and Granite REIT Inc. guaranteed the debentures.