Canadian Net Real Estate Investment Trust (NET.UN) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. I'd like to welcome everyone to Canadian Net REIT's 2024 Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. Following the presentation, we'll conduct a question and answer session, and instructions will be provided at that time. I would like to advise everyone this conference is being recorded. Before we start, I've been asked by Canadian Net to read the following message regarding forward-looking statements and non-IFRS measures. In talking about financial and operating performance and in responding to questions today, Management may make forward-looking statements, including statements concerning Canadian NET's objective and strategies to achieve them, as well as statements with respect to plans, estimates, intentions, and or concerning anticipated future events, results, circumstance, 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 the forward-looking statements. Additional information on the risk that could impact actual results and the expectations and assumptions management's applied in making these forward-looking statements can be found in the Canadian NET's most recent annual information forum for the year ended December 31st, 2023, and many of this discussion and analysis for the period ended December 31st, 2024, which are available on our 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 Canadian real estate industry, including FFO, normalized FFO, AFFO, and NOL. Management believes these financial measures pro...