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BRIEF-Granite announces acquisition of US$122.8 million portfolio in the United States

Published 2017-09-15, 05:33 p/m
© Reuters.  BRIEF-Granite announces acquisition of US$122.8 million portfolio in the United States
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Sept 15 (Reuters) - Granite Real Estate Investment Trust GRT_u.TO

* Granite announces acquisition of US$122.8 million portfolio in the United States and leasing update

* Granite Real Estate Investment Trust - deal will be immediately accretive to funds from operations and adjusted funds from operations

* Granite Real Estate Investment Trust - expects to fund purchase through a combination of cash on hand and a drawdown of its unsecured credit facility

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