Marwest Apartment Reit · TSXV:MAR.UN
Marwest Apartment Reit — Marwest Apartment Real Estate Investment Trust — Investor Presentation (June 2025)
16 slides from Marwest Apartment Reit's investor presentation, June 2025
Slide 1: Investor Presentation June 2025
Investor Presentation JUNE 2025
Slide 2: Disclaimer
Disclaimer This presentation, which was prepared by Marwest Apartment Real Estate Investment Trust (the “REIT”, “Marwest”, ”us”, “we” or “our”), does not constitute an offer to sell, or a solicitation of any offer to purchase, securities of the REIT. Unless otherwise stated, the information containe
Slide 3: Disclaimer (cont’d)
Disclaimer (cont’d) Forward Looking Information and Assumptions This investor presentation, including certain documents incorporated by reference herein, contains forward-looking information within the meaning of applicable securities laws. Often, but not always, forward-looking information can be i
Slide 4: Who We Are
Who We Are Business Overview Our Portfolio – At December 31, 2024 Marwest REIT’s objective is to grow unitholders value through Apartment and townhome style properties in growing areas of capital investment strategies while providing stable and predictable cash flows Winnipeg with near-full occupa
Slide 5: Current Portfolio – At December 31, 2024
Current Portfolio – At December 31, 2024 All Marwest Apartment REIT multi-family properties are located in Winnipeg, Manitoba Prairie View Pointe 153 apartments Element Townhomes 112 townhomes Located near the north side of Located in West Transcona, a the perimeter highway with family friendly neig
Slide 6: Portfolio Trends
Portfolio Trends Multi-Family Growth NAV per Unit The fundamentals driving the sector’s strong performance– Growth in NAV/Unit1 driven by accretive acquisitions and net robust population growth, a limited supply pipeline, and rising operating income growth home ownership costs – are still intact t
Slide 7: Remaining Diligent in Managing Debt Profile
Remaining Diligent in Managing Debt Profile Mortgage Maturity Schedule Weighted Average Interest Rate (C$Millions) 3.09% • Total interest-bearing debt includes mortgages payable of $103M • $32.2M of CMHC debt and 3.01% $35.7M $3.5 of conventional debt matures in 2027 $54M of debt is payable in 2029
Slide 8: Financial Growth & Investor Alignment
Financial Growth & Investor Alignment Insider alignment and steady growth generate improving investor returns Revenue NOI & NOI Margin (C$Millions) 2.63 (C$Millions) NOI 2.61 1.75 1.75 1.72 1.65 1.66 1.62 1.66 1.45 2.57 2.54 2.52 2.49 2.50 2.45 2023 2024 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 69% NOI MARGIN 67% 65
Slide 9: Occupancy Rates
Occupancy Rates Management expects occupancy rates to remain stable for the next 12 months Average Rent & Occupancy YTD December 31, 2024 Portfolio Quarterly Occupancy Trend Occupancy Rate % 99.50% 99.48% 100% 95% 99.20% 99.19% Prairie View Element Brio Kenwood Court Pointe Townhomes Brownstones 99.
Slide 10: Appendix I – Property Overview – Prairie View Pointe
Appendix I – Property Overview – Prairie View Pointe Description of the Property In North Winnipeg, located close to the Perimeter Highway Prairie View Family friendly neighbourhood Pointe situated near schools, parks and shopping CMHC Affordable housing program in place for 153 units Amenit
Slide 11: Appendix I – Property Overview – Element Townhomes
Appendix I – Property Overview – Element Townhomes Description of the Property In east Winnipeg, part of the growing West Transcona community Element Family friendly neighbourhood Townhomes situated near schools, parks and eastern Winnipeg’s most visited amenities Adjacent to major transit cor
Slide 12: Appendix I – Property Overview - Brio Brownstones
Appendix I – Property Overview - Brio Brownstones Description of the Property In southwest Winnipeg, fastest growing area of the city Well planned Bridgwater neighbourhood, surrounded by local amenities, retail, and hospitality Adjacent to major transit corridors, highways, close to schools, h
Slide 13: Appendix I – Property Overview - Kenwood Court
Appendix I – Property Overview - Kenwood Court Description of the Property Close to the Red River in the beautiful South St. Vital neighbourhood Immediate convenience and grocery/amenities Very close to some of Manitoba’s foremost retail destinations Kenwood Adjacent to major transit corrido
Slide 14: Management and Trustees
Management and Trustees MANAGEMENT TEAM BOARD OF TRUSTEES William Martens, Chief Executive Officer & Trustee Luke Cain, Chairman Director and executive officer of various companies Principal at Canada ICI Capital Corporation under the Marwest Group of Companies umbrella Extensive experience in
Slide 15: Appendix II – Non-IFRS Measures
Appendix II – Non-IFRS Measures Non-IFRS Measures The Trust may use certain non-IFRS measures commonly used by entities in the real estate industry as useful metrics for measuring performance. The non-IFRS measures used by the Trust as described below are not standardized measures under IFRS. Such n
Slide 16: Appendix II – Non-IFRS Measures
Appendix II – Non-IFRS Measures Non-IFRS Measures - continued The following other non-IFRS measures are defined as follows: * “FFO per unit” is calculated as FFO divided by the weighted average number of Trust Units and Exchangeable Units of the Partnership outstanding over the period. * “AFFO per u
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