FFO PressureFunds from operations per unit declined due to dilution from an asset sale combined with higher interest costs after refinancing, which pressures distributable cash.
Portfolio Vacancy TrendElevated vacancy levels across the portfolio, including at U.S. properties following tenant departures, are weighing on rental income and overall cash flow stability.
Tenant Loss And Asset SaleA sole tenant exit at a key U.S. property resulted in vacancy and the subsequent sale of that asset, reducing rental income from the affected property.