Slate Grocery REIT (SGR.U) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Good morning, ladies and gentlemen, and welcome to Slate Grocery Read Fourth Quarter 2025 Financial Results Conference Call. At this time, all lines are in a lesson-only mode. Following the presentation, we will conduct a question-and-answer session. If anyone has any difficulties hearing the conference, Please press door zero for operator assistance at any time. I would now like to turn the conference call over to Shibi Agarwal. Please go ahead. Thank you, operator, and good morning, everyone. Welcome to the Q4 2025 conference call for Slate Grocery Reef. I'm joined this morning by Blair Welch, Chief Executive Officer, Joe Placatus, Chief Financial Officer, Connor O'Brien, Managing Director, Alan Gordon, Senior Vice President, and Brayden Lyons, Vice President. Before getting started, I would like to remind participants that our discussion today may contain forward-looking statements, and therefore we ask you to review the disclaimers regarding forward-looking statements as well as non-IFRS measures, both of which can be found in Management's Discussion and Analysis. You can visit Slate Grocery REIT's website to access all of the REIT's financial disclosure, including our Q4 2025 Investor Update, which is available now. I will now hand over the call to Blair Welch for opening remarks. Thank you, Shibi, and hello, everyone. We are pleased to report strong fourth quarter and year-end results for Slate Grocery REIT. The REIT completed over 1.7 million square feet of total leasing throughout the year at attractive rental spreads that continue to drive strong performance. Renewal spreads were completed at 14.9% above expiring rent...