Continued Growth in Same Property Adjusted NOI
Q2 2025 marked the eighth successive quarter of double-digit growth in same property adjusted NOI and FFO per unit, with same-property adjusted NOI increasing by 20%.
Strong Occupancy Growth
Same-property occupancy increased 490 basis points to 91.9%, with a forecast to reach 93.5% by September and a target of 95% by the end of 2025.
Successful Cost Management
Staffing agency costs were reduced by 50% in Q2 2025 compared to Q2 2024, due to recruitment and retention activities.
Significant Acquisitions and Investments
Over $700 million of acquisitions completed year-to-date with further committed investments of $600 million for completion in 2025.
High Employee Engagement Achieved
56% of employees reported high engagement levels, surpassing the strategy target of 55%.