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GRANITE REIT NOTICE OF CONFERENCE CALL FOR SECOND QUARTER 2018 RESULTS

July 4, 2018, Toronto, Ontario, Canada – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the second quarter ended June 30, 2018 after the close of markets on Tuesday, July 31, 2018.

Granite will hold a conference call on Wednesday, August 1, 2018 at 8:30 a.m. Eastern time.  The number to use for this call is 1-800-682-8124.  Overseas callers should use +1-416-981-
9073.  Please call in at least 10 minutes prior to start time.

For anyone unable to listen to the scheduled call, the rebroadcast numbers will be: North America – 1-800-558-5253 and overseas – +1-416-626-4100 (enter reservation number
21892504) and will be available until Wednesday, August 15, 2018.

ABOUT GRANITE

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of predominantly industrial, warehouse and logistics properties in North America
and Europe.  Granite owns 90 rental income properties representing approximately 34 million square feet of leasable area.  Through the thoughtful deployment of its balance sheet and
selective dispositions, Granite is continuing to build a high quality, globally diversified industrial real estate business.

OTHER INFORMATION

Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ Systems for Electronic Document
Analysis and Retrieval (SEDAR) which can be accessed at www.sedar.com and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and
Retrieval System (EDGAR) which can be accessed at www.sec.gov.  For further information, please see our website at www.granitereit.com or contact Michael Forsayeth, Chief Executive
Officer, at 647-925-7600 or Ilias Konstantopoulos, Chief Financial Officer, at 647-925-7540.

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