Flagship Communities Real Estate Investment Trust Announces Fourth Quarter and Full Year 2025 Results

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[{"type":"text","content":"Flagship Communities Real Estate Investment Trust Announces Fourth Quarter and Full Year 2025 Results\nNot for distribution to U.S. newswire services or dissemination in the United States. TORONTO, March 09, 2026 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today released its fourth quarter and full year 2025 results. The financial results of the REIT have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). Results are shown in U.S. dollars, unless otherwise noted. Fourth Quarter 2025 ResultsCompared to Fourth Quarter 2024 Results Rental revenue and related income was $27.5 million, an increase of 15.6% compared to $23.8 millionSame Community Revenue1 was $23.2 million, up 8.2% compared to $21.4 millionNet income and comprehensive income was $45.5 million compared to $25.2 millionNet Operating Income (“NOI”) was $18.4 million, up 15.3% compared to $15.9 millionSame Community NOI1 was $15.5 million, an increase of 5.9%, compared to $14.6 millionNOI Margin1 was 67.0% compared to 67.1%Same Community NOI Margin1 was 66.6% compared to 68.0%Funds from operations (“FFO”) per unit (diluted)2 was $0.365 compared to $0.384, which was a (decrease) of $(0.019) per unit or (4.9)%FFO adjusted per unit (diluted)2 was $0.372 compared to $0.310 which was an increase of $0.062 per unit or 20.0%Adjusted funds from operations (“AFFO”) per unit (diluted)2 was $0.330 compared to $0.375, which was a (decrease) of $(0.045) per unit or (12.0)%AFFO adjusted per unit (diluted)2 was $0.338 compared to $0.301 which was an increase of $0.037 per unit or 12.3%Rent Collections1 were 99.0%, an increase of 0.1% compared to 98.9%Flagship announced two strategic acquisitions for total consideration of US$79 million, expanding its presence in both Indiana and Ohio Full Year 2025 ResultsCompared to Full Year 2024 Results Rental revenue and related income was $103.4 million, an increase of 17.3% compared to $88.1 millionSame Community Revenue1 was $91.7 million, up 10.9% compared to $82.7 millionNet income and comprehensive income was $115.7 million, an 11.7% increase from $103.5 millionNOI was $68....

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