Granite Real Estate Investment Trust announced that its board of trustees has declared a distribution on the company's stapled units of CAD 0.175 per stapled unit. The distribution will be paid by the company on February 15, 2013 to stapled unit holders of record at the close of trading on January 31, 2013. The stapled units will begin trading on an ex-dividend basis at the opening of trading on January 29, 2013.