Positive Cash GenerationConsistent positive operating and free cash flow provides a durable internal funding source for maintenance, selective capex and distributions. While modest relative to debt, positive cash generation reduces reliance on immediate capital markets and supports operations through cycles.
High Property-level MarginsStrong gross margins indicate resilient property-level profitability and pricing power on leases. High underlying margins create a buffer against valuation swings and allow management to absorb certain cost pressures, supporting long-term asset economics if operating leverage is maintained.
Diversified Commercial PortfolioA mix of logistics, office and retail assets plus active asset management spreads tenant and sector risk and allows capital reallocation toward stronger subsectors. This structural diversification supports steadier cash flow and value creation over multiple market cycles.