Allied Properties Real Estate Investment Trust (AP.UN) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, ladies and gentlemen, and thank you for standing by. Welcome to Allied Properties Real Estate's First Quarter twenty twenty six Earnings Conference Call. All lines have been placed on mute to prevent any background noise. Thank you. I would now like to turn the conference over to our President and CEO, Cecilia Williams. Please go ahead. Thanks, Dustin, and good morning, everyone. Welcome to our Q1 conference call. Please note that certain statements we make during the course of this conference call that are not statements of historical facts may constitute forward looking information and forward looking statements about future events or future performance. These statements are based on management's current expectations and are subject to risks, uncertainties and other factors that may cause actual events or results to differ materially from historical results and or from our forecasts, including those described under the heading Risks and Uncertainties in our 2025 Annual Report. Material assumptions underpinning any forward looking statements we make include those described under the heading Forward Looking Statements in our 2025 Annual Report. In addition, certain non IFRS financial measures may be discussed on this call. References to non IFRS financial measures are only provided to assist you in understanding our results and performance trends and may not be appropriate for any other purpose. For further discussion on these matters, please refer to our 2025 annual report under the heading non GAAP measures. Turning to the quarter. Q1 marks the first full quarter of executing our action plan, and the results reflect progress. Operating performance was in line with our expectations. Leasing momentum is encouraging as we see improving demand across our core ur...