Canada's CT REIT Q4 net income rises 41% yr/yr
Overview
Canada real estate trust's Q4 property revenue rose 5.1% yr/yr
Net income for Q4 rose 41.4% yr/yr due to higher property values
AFFO per unit for Q4 increased 2.9% yr/yr
Outlook
CT REIT does not provide specific financial guidance for future periods
Result Drivers
PORTFOLIO EXPANSION - CT REIT added 400,500 sq. ft. of GLA in Q4 through acquisitions and developments, enhancing revenue
RENT ESCALATIONS - Rent escalations from Canadian Tire leases contributed C$1.4 mln to Q4 NOI
DEVELOPMENT PIPELINE - Ongoing developments and investments in 2025 added 893,000 sq. ft. of GLA, supporting growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Property Revenue |
| C$152.92 mln |
|
Q4 Net Income |
| C$191.32 mln |
|
Q4 Adjusted FFO |
| C$75.64 mln |
|
Q4 FFO |
| C$80.72 mln |
|
Q4 Operating Income |
| C$121.23 mln |
|
Press Release: ID:nCNWJvyZta
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
Related Articles
Uber Stock: Growth Trajectory and Strategic Positioning Heading Into 2026
TradingKey - As global mobility patterns evolve and technology disrupts traditional service models, Uber stock has emerged as a compelling play within the consumer tech and transportation sector.
Silver’s Quiet Shift: The Key Variables You Should Know
TradingKey - Silver has been treated as gold’s higher‑beta twin — a “shadow asset” whose price largely moved with real rates and the U.S. dollar. But that relationship is breaking down.
Is a Super-Cycle Coming? Tom Lee Expects BTC to Rally with Metals as ETFs Heat Up
U.S. spot Bitcoin ETFs snapped a five-day streak of net outflows as capital began to flow back in, suggesting that, as Tom Lee predicted, a cryptocurrency rally may be just a matter of time.
How Google Used AI to Break a Seven-Year Deadlock and Overtake Apple as the World’s Second Most Valuable Company
TradingKey - Since 2019, the market capitalization of Google's parent company, Alphabet, has consistently been lower than Apple's, but this multi-year market cap ranking is now being broken. Latest data shows the company's share price rose over 2% this Wednesday, with its market capitalization climb
