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Magna International Inc a ‘highly probable’ buyer of some Granite REIT assets, analyst says


Granite Real Estate Investment Trust is considering sales of its assets, and Magna International Inc. is a \”highly probable\” buyer of its special-purpose facilities, according to Desjardins analyst Michael Markidis. Granite, which owns $ 30 million square feet of industrial properties in North America and Europe, counts Magna since it\’s largest tenant with about 82 per cent of its annualized ...

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