Allied Properties Real Estate Investment Trust (AP.UN) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.927 Good morning and welcome to the Allied Properties REIT fourth quarter 2025 earnings conference 00:00:04.927 -- 00:00:09.796 call. All participants are in a listen only mode. 00:00:47.129 -- 00:00:52.177 current expectations and are subject to risks, uncertainties, and other factors 00:00:52.177 -- 00:00:57.485 that may cause actual events or results to differ materially from historical results 00:00:57.485 -- 00:01:03.173 and or from our forecasts, including those described under the heading risks and uncertainties 00:01:03.173 -- 00:01:06.258 in our 2025 annual report. 00:01:06.258 -- 00:01:10.825 Material assumptions underpinning any forward-looking statements we make include those 00:01:10.825 -- 00:01:16.357 described under the heading forward-looking statements in our 2025 annual report. 00:01:16.357 -- 00:01:21.425 In addition, certain non-IFRS financial measures may be discussed on this 00:01:21.425 -- 00:01:26.893 call. References to non-IFRS financial measures are only provided 00:01:26.893 -- 00:01:32.202 to assist you in understanding our results and performance trends and may not be appropriate 00:01:32.202 -- 00:01:37.290 for any other purpose. For further discussion on these matters, please refer to our 00:01:37.290 -- 00:01:42.378 2025 Annual Report under the heading Non-GAAP Measures. 00:01:42.378 -- 00:01:47.205 Please note there will be no question and answer period on this call in light of Ally's 00:01:47.205 -- 00:01:51.529 concurrent equity offering that we announced yesterday. 00:01:51.892 -- 00:01:56.138 Turning to the substance of our conference call today, I'll outline the actions we're 00:01:56.138 -- 00:02:00.865 taking to strengthen Ally's balance sheet and improve financial flexibility. 00:02:00.865 -- ...