Canadian Apartment Properties Real Estate Investment Trust (CAR.UN) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.755 Hello everyone and welcome to Canadian Department of Properties REIT's first quarter 00:00:03.755 -- 00:00:08.239 2025 results conference call. My name is Lydia and I'll be your operator today. 00:00:08.239 -- 00:00:12.664 After the prepared remarks will be an opportunity to ask questions. 00:00:12.664 -- 00:00:16.408 If you'd like to participate in the Q&A, you can do so by pressing star followed by one 00:00:16.408 -- 00:00:21.333 on your telephone keypad. I'll now hand you over to Nicole Dolan, Investor Relations 00:00:21.333 -- 00:00:22.754 to begin. Please go ahead. 00:00:22.754 -- 00:00:24.754 Thank 00:00:24.896 -- 00:00:29.474 you operator and good morning everyone. Before we begin, let me remind everyone that 00:00:29.474 -- 00:00:33.080 during our conference call this morning, we may include forward-looking statements about 00:00:33.080 -- 00:00:37.488 expected future events and the financial and operating results of CAPRE, which are subject 00:00:37.488 -- 00:00:41.935 to certain risks and uncertainties. We direct your attention to slide two and our other 00:00:41.935 -- 00:00:45.822 regulatory filings for important information about these statements. 00:00:45.822 -- 00:00:49.789 I will now turn the call over to Mark Kenney, President and CEO. 00:00:49.789 -- 00:00:54.381 Thanks, Nicole. Good morning, everyone. Joining me this morning is Stephen Coe, our Chief 00:00:54.381 -- 00:00:59.547 Financial Officer, and Julian Schoenfeld, our Chief Investment Officer. 00:00:59.547 -- 00:01:04.293 Let's start on slide four, where we summarize some of the key performance highlights 00:01:04.293 -- 00:01:09.139 here today. You will see that we've completed $265 00:01:09.139 -- 00:01:13.084 million in non-core Canadian dispositions, 0...