An anonymous representative of OTC Markets Group reports

OTC MARKETS GROUP WELCOMES GRANITE REAL ESTATE INVESTMENT TRUST TO OTCQX

Granite Real Estate Investment Trust has qualified to trade on the OTCQX Best Market. Granite previously traded on the New York Stock Exchange and currently trades on the Toronto Stock Exchange.

Granite begins trading today on OTCQX under the symbol GRTUF. U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website.

Trading on the OTCQX market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

About Granite Real Estate Investment Trust

Granite is a Canadian-based real estate investment trust engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. The REIT's portfolio consists of 140 investment properties, representing approximately 60.9 million square feet of leasable area.