
Overview
Canada impact investing trust reported Q4 net loss due to fair value adjustments
Company advanced strategic initiatives, securing financing for major development projects
Trust maintained leasing momentum across its multi-family portfolio, 94% occupancy
Outlook
Dream Impact Trust expects construction at Quayside to start by end of 2026
Company aims to deliver over 1,500 multi-residential units, including affordable housing
Dream Impact Trust advancing five-year strategic business plan into 2026
Result Drivers
LEASING MOMENTUM - Strong leasing momentum across multi-family portfolio with 94% occupancy
FAIR VALUE ADJUSTMENTS - Net loss driven by fair value adjustments on commercial assets and a slower leasing environment
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Income | Miss | -C$23.50 mln | -C$1.27 mln (1 Analyst) |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the real estate rental, development & operations peer group is "hold"
Wall Street's median 12-month price target for Dream Impact Trust is C$3.00, about 70.5% above its February 13 closing price of C$1.76
Press Release: ID:nBw4zw6sDa
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