Northview Residential REIT · TSX:NRR.UN
Northview Residential REIT — Northview Fund — Shareholder Meeting (June 2022)
11 slides from Northview Residential REIT's shareholder meeting presentation, Jun 21, 2022
Slide 1: Northview Fund Annual General Meeting of Unitholders
Northview Fund AnnualMeeting Annual General Meeting of Unitholders Report to Unitholders June 21, 2022
Slide 2: Advisory
Advisory CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This presentation of Northview Fund (“Northview” or the “Fund”) may contain forward-looking information. All information included in this presentation other than statements of historical fact, is forward-looking information. When us
Slide 3: Northview Fund: $1.8 Billion in Assets
Northview Fund $1.8 BILLION IN ASSETS TSX: NHF.UN – Key Statistics • Multi-residential suites, execusuites, and commercial properties previously held by Northview Apartment REIT Market Capitalization(1) $502 million (“Northview REIT”) Enterprise Value $1.8 billion • Formed in 2020 following the acqu
Slide 4: Diverse Portfolio Across Canada
Diverse Portfolio Across Canada 11,121 Multi-Residential Suites 1,131,730 Commercial Sq. Ft.(2) 200 Execusuites NOI %(1) NORTHWEST TERRITORIES NUNAVUT 1,310 suites 1,176 suites 158 execusuites 42 execusuites 529,998 sq. ft. 226,662 sq. ft. Northern BRITISH COLUMBIA 1,379 suites Canada 86,238 sq. ft.
Slide 5: Key Strategies
Key Strategies • Secure cash flows supported by stable and high occupancy in Northern and Atlantic Canada, and 65% of rental Secure & Stable revenue in Northern Canada is derived from leases with government or credit-rated corporations Cash Flows • Opportunities for improvements in Western Canada fr
Slide 6: 2021 Achievements
2021 Achievements Successful transition of assets, people, and systems from Northview Apartment REIT HomePort, St. John’s Strong lease-up on asset repositioning of 145 suites in St. John’s, NL and 60 suites in Yellowknife, NT Navigated through COVID-19 with a focus on safety and well-being of the re
Slide 7: 2021 Results
2021 Results 69.1% $1.82 90.2% FFO FFO Multi-Residential Payout Ratio(1) Per Unit(1) Occupancy The Courtyards, Grande Prairie Columbus Terrace, St. John’s Lakeview Apartments, Labrador City (1) Non-GAAP financial measure or non-GAAP ratio. See “Non-GAAP and Other Financial Measures” section of North
Slide 8: Q1 2022 Results
Q1 2022 Results 71.9% $0.35 90.2% FFO FFO Multi-Residential Payout Ratio(1)(2) Per Unit(1) Occupancy Q1 2021: 77.1% Q1 2021: $0.42 Q1 2021: 89.1% 12-Plex Apartments, Iqaluit Jonathon Lodge, Fort McMurray Parkland Village, Lloydminster (1) Non-GAAP financial measure or non-GAAP ratio. See “Non-GAAP a
Slide 9: Executive Leadership Team
Executive Leadership Team Karl Bomhof Todd Cook Sarah Walker VP, Legal & Chief Executive Chief Financial Corporate Officer Officer Secretary • 20+ years of experience in the real • 15+ years of senior financial experience • 20+ years of legal experience estate sector • Former Vice President, Control
Slide 10: Board of Trustees
Board of Trustees Daniel Drimmer Rob Kumer Harry Rosenbaum Chairman Trustee (Independent) Trustee (Independent) • President and Chief Executive Officer of • President and Chief Investment Officer • Principal of Ashton Woods Homes and Starlight Group of KingSett Capital Inc. the Great Gulf Group of C
Slide 11: Northview
Northview A