Downtown Toronto LeasingSignificant leasing progress in the downtown Toronto portfolio should lead to improved performance as rents commence.
Leasing ProgressSignificant leasing progress has been made, with committed occupancy expected to improve to 86.5%.
Market ValueThe REIT’s units currently trade at a 21.7% discount to the NAV estimate, compared to the average discount of 15.3% for peers, indicating potential value for investors.