Northview Residential REIT · TSX:NRR.UN
Northview Residential REIT — Shareholder Meeting (May 2025)
10 slides from Northview Residential REIT's shareholder meeting presentation, May 14, 2025
Slide 1: Annual General Meeting: Report to Unitholders
Annual General Meeting Report to Unitholders May 14, 2025
Slide 2: Disclaimer
Disclaimer Certain information contained in this presentation constitutes forward-looking information within the meaning of applicable securities laws. Statements that reflect Northview Residential REIT’s (“Northview” or the “REIT”) objectives, plans, goals, and strategies are subject to risks, unce
Slide 3: Northview Residential REIT
TSX: NRR.UN Northview Residential REIT Northview is one of Canada's largest publicly traded multi-residential REITs with nearly $2.6 billion in assets uniquely positioned in secondary markets across Canada Our Portfolio Highlights $1.80 FFO per unit2 Q1’25 $0.463 60.6% FFO payout2 Q1’25 59.4%3 13,43
Slide 4: Operating Results
Operating Results Northview’s multi-residential portfolio continues to demonstrate solid growth. 10.7% 6.5% 150bps 40bps 6.5% 5.8% (2024) (Q1 2025) (2024) (Q1 2025) (2024) (Q1 2025) Same-door Net Same-door Same-door Average Operating Income(1) Occupancy(2,3) Monthly Rent(2,3) Steady growth in AMR an
Slide 5: Active Debt Management
Active Debt Management Northview continues to strengthen its balance sheet by reducing exposure to floating interest rate debt, managing debt service costs, and expanding access to liquidity. $600 40% 45,000 22,000 Credit Facility Balance ($ millions) Total Interest Expense ($000s) 1 Credit Facility
Slide 6: Unit Price Return Performance
Unit Price Return Performance1 Northview’s unit price return over 2024 outperformed its peers supported by stable distributions Canadian immigration policy change Geopolitical uncertainty Northview’s unit price return over 2024 outperformed its peers 1. FactSet. As of December 31, 2024
Slide 7: Investment Thesis
TSX: NRR.UN Investment Thesis Northview’s diversified portfolio and strong operational performance position it to generate earnings growth and Unitholder value Strong Multi-family Robust Performance 1 Fundamentals 2 Same Door NOI Growth2 Housing Completions Required by 20301 10.7% 2024 3.5 million S
Slide 8: Living our Mission, Vision and Values
Living our Mission, Vision and Values Our Mission Across Canada, Northview's passion is providing our customers with a place to call home. Our Vision To serve our customers, and investors, by building community, investing in our people and properties, and growing our business across Canada. Our Valu
Slide 9: Northview's experienced Board of Trustees and Management Team
Northview’s experienced Board of Trustees and Management Team Board of Trustees Daniel Drimmer1, Chairman Lawrence Wilder, Lead Trustee Rob Kumer, Trustee Kelly Smith, Trustee Harry Rosenbaum, Trustee Todd Cook, Trustee Management Team Todd Cook, President & Chief Executive Officer Sarah Walker, Chi
Slide 10: Northview
Northview
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