Canadian Net Real Estate Investment Trust (NET.UN) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

circumstances or performance which are not historical facts. These statements are based on current expectations and assumptions and are subject to risk and uncertainties that could cause actual results to differ materially from the conclusions in these forward-looking statements. Additional information on the risk that could impact actual results and the expectations and assumptions management applied in making these forward-looking statements can be found in Canadian NET's most recent annual information form for the year ended December 31st, 2024, and management's discussions and analysts for the period ending September 30th, 2025, which are available on their website at www.cnetreit.com and on CDARplus at www.cdarplus.com. Management will also refer to non IFRS financial measures today which are widely used in the Canadian real estate industry including FFO, normalized FFO, AFFO, and NOI. Management believes these financial measures provide useful information for both management and investors in measuring the financial performance and financial conditions of Canadian net. These financial measures do not have any standardized definition prescribed by the IFRS and may not be comparable to similar titled measures reported by other entities. For more information, please refer to the section Non-IFRS Financial Measures in Canadian NET's MD&A for the period ending September 30, 2025. I would now like to turn the conference over to Kevin Henley, Canadian NET REIT's President and CEO. Please go ahead, Mr. Henley. Thank you, operator, and good morning, everyone. Thank you for joining us today as we walk you through our Q3 2025 results. We are very pleased to report another strong quarter, delivering solid normalized FFO per unit and bringing our 2025 year-to-date growth to ...