GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Real Estate Investment Trust (TSX:GRT.UN) » Definitions » Fixed Rate Debt (USD Mil)

Granite Real Estate Investment Trust (TSX:GRT.UN) Fixed Rate Debt (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 2003. Start your Free Trial

What is Granite Real Estate Investment Trust Fixed Rate Debt (USD Mil)?

In the railway industry, Fixed Rate Debt (USD Mil) is the debt for which the company pays the same level of interest over its entire term to its creditor.

The historical rank and industry rank for Granite Real Estate Investment Trust's Fixed Rate Debt (USD Mil) or its related term are showing as below:

Granite Real Estate Investment Trust Fixed Rate Debt (USD Mil) Historical Data

The historical data trend for Granite Real Estate Investment Trust's Fixed Rate Debt (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Granite Real Estate Investment Trust Fixed Rate Debt (USD Mil) Chart


Granite Real Estate Investment Trust  (TSX:GRT.UN) Fixed Rate Debt (USD Mil) Explanation

Fixed Rate Debt (USD Mil) is the debt for which the company pays the same level of interest over its entire term to its creditor. An investor who wants to earn a guaranteed interest rate for a specified term could purchase a fixed-rate bond from a REIT. Then the REIT would use the money to invest in real estate and relative investment vehicles , which generate income such as rent, interest on mortgages that could be distributed to its creditor as a fixed interest.

A fixed rate debt, with no doubt, is part of a company's liabilities. With a higher level of debt, the REIT has to pay a higher amount of interest each period but will also be able to invest in more profitable real estate projects.

Granite Real Estate Investment Trust Fixed Rate Debt (USD Mil) Related Terms

Thank you for viewing the detailed overview of Granite Real Estate Investment Trust's Fixed Rate Debt (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.

Granite Real Estate Investment Trust (TSX:GRT.UN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Real Estate Investment Trust (TSX:GRT.UN) » Definitions » Fixed Rate Debt (USD Mil)
Comparable Companies
TSX:DIR.UN TSX:NXR.UN TSX:PRV.UN TSXV:AIP.U PLD PSA EXR LSE:SGRO REXR CUBE SGX:A17U EGP COLD XBRU:WDP STAG FR TRNO FIBRAPL14 SGX:M44U LSE:BBOX
Traded in Other Exchanges
GRP.U:USA 4I7:Germany
Address
77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1
Website
https://www.granitereit.com
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.

Granite Real Estate Investment Trust (TSX:GRT.UN) Headlines

No Headlines