Replay available

Allied Properties Real Estate Investment Trust (AP.UN) Q3 2025 Earnings Call

Allied Properties Real Estate Investment Trust (TSX: AP.UN) Q3 2025 earnings conference call, held 2025-10-30. Replay captured from the company's public earnings webcast.

Thu, October 30, 2025 at 10:00 AMendedReplay
Allied Properties Real Estate Investment Trust (AP.UN) Q3 2025 Earnings Call

Hosted by

Featured presenters

Tammy Beer

Analyst, RBC Capital Markets

Del Wooley

Analyst, CIBC Capital Markets

Lorna Calmar

Analyst, Desjardins

Cecilia Williams

President and CEO

Brad Searches

Analyst, Raymond James

Roger Lafontaine

Analyst, Nugget Capital Partners

Matt Cornick

Analyst, National Bank Financial

Jonathan Keltcher

Analyst, TD Cowen

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:01.732 ahead. 00:00:01.732 -- 00:00:06.496 Thanks, John. Good morning and welcome to our Q3 conference call. 00:00:06.496 -- 00:00:12.662 I'll highlight our progress towards 2025 goals and what we're focusing on going forward. 00:00:12.662 -- 00:00:15.984 Nan will do the same from a financial perspective. 00:00:15.984 -- 00:00:20.348 JP will outline the positive leasing momentum by urban market. 00:00:20.348 -- 00:00:23.371 We're then pleased to answer any questions. 00:00:23.371 -- 00:00:27.574 We may, in the course of this conference call, make forward-looking statements about 00:00:27.574 -- 00:00:32.965 future events or future performance. By their nature, these statements are subject 00:00:32.965 -- 00:00:39.012 to risks and uncertainties that may cause actual events or results to differ materially, 00:00:39.012 -- 00:00:44.098 including those described under the heading risks and uncertainties in our 2024 00:00:44.098 -- 00:00:49.244 annual report. Material assumptions underpinning any forward-looking statements we 00:00:49.244 -- 00:00:54.471 make include those described under forward-looking statements in our most recent quarterly 00:00:54.471 -- 00:00:56.471 report. 00:00:57.034 -- 00:01:01.639 We're focused on delivering long-term value through leasing, development completion, 00:01:01.639 -- 00:01:06.706 and strengthening our balance sheet. Market fundamentals continue to improve, as 00:01:06.706 -- 00:01:11.533 evidenced by the higher level of leasing activity, including the highest number of square 00:01:11.533 -- 00:01:16.941 feet of expansions in our portfolio in the last five years, increasing large format 00:01:16.941 -- 00:01:20.686 space mandates, and improving conversion rates. 00:01:20.686 -- 00:01:25.593 Our capital ...