Canadian Net Real Estate Investment Trust reported a 8% increase in FFO per unit for Q2 2025. Rental income rose by 4.4% to $6.9 million, with NOI at $5.0 million, a 4.9% increase. The REIT’s net loss decreased to $1.35 million from $8.92 million in Q2 2024.
For the 6-month period ending June 30, 2025, Canadian Net reported an 8% increase in FFO of $6.8 million. Rental income for this period was $13.7 million, a 4.6% increase from 2024, with NOI at $10.0 million, up 4.1%.
The REIT announced monthly cash distributions of $0.02917 per unit for October, November, and December 2025. This represents $0.35 per unit annually. The distributions will be paid to unitholders of record on October 15th, November 14th, and December 15th, 2025.
Canadian Net will host a webcast on August 20th to discuss the results. The Trust’s consolidated financial statements are prepared in accordance with IFRS, with non-IFRS measures like FFO, NOI, and Adjusted Investment Properties used to evaluate performance. The financial highlights and reconciliations for Q2 2025 and Q2 2024 are available for review.
Read more at GlobeNewswire: Canadian Net REIT Announces 2025 Second-Quarter Results
