Granite REIT Holdings Limited Partnership

Granite REIT Holdings Limited Partnership (Granite) owns a portfolio of 85 income-producing industrial properties consisting of a mix of modern warehouse, multipurpose, and special-purpose assets located in nine countries in North America and Europe. As a result of Granite being a spinoff of Magna International Inc.'s (Magna) real estate assets in 2003, a significant share of the portfolio is leased to Magna.