Canada's CAPREIT Q4 operating revenue falls

Overview

• Canadian apartment REIT's Q4 operating revenue falls

• Company completed significant acquisitions and dispositions to enhance portfolio resilience

• Company repurchased and canceled 7.2 mln Trust Units under NCIB program

Outlook

• Canadian Apartment Properties Real Estate Investment Trust expects to drive earnings and cash flow growth in 2026

• Company remains committed to strategy amid current supply-demand dynamics

• CAPREIT plans to focus on high-quality, mid-market Canadian properties

Result Drivers

• PORTFOLIO REPOSITIONING - CAPREIT focused on repositioning its portfolio towards higher-yielding Canadian properties, enhancing financial resilience and operating efficiency

• RENTAL INCREASES - Same property operating revenues increased due to higher rents on turnovers and renewals

• COST CONTROL - Lower operating expenses due to prudent cost control and enhanced procurement governance

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Press Release: ID:nGNXb3DyCP

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