Record Occupancy Levels
Committed occupancy reached 97.2%, marking the third consecutive quarter of record highs.
Growth in Key Financial Metrics
FFO per unit grew 6.3% year-over-year, and AFFO per unit increased by 7.1%, driven by strong leasing performance and rent escalations.
Successful Acquisitions and Dispositions
Acquired four grocery properties in Atlantic Canada and disposed of a Main Street office property in Moncton for strategic portfolio optimization.
Distribution Increase
Announced a $0.01 increase to the annual distribution, reflecting the stability and strength of the platform.
Credit Rating Upgrade
Received a credit rating upgrade, enhancing long-term funding flexibility and supporting access to capital at attractive rates.