Overview

• FFO for 2025 rose 29%, supported by net rental income from investment properties and distributions from investments at fair value offset by lower financing costs

• Company gained C$25 mln from Winnipeg asset sales, strengthening balance sheet

Outlook

• Parkit plans disciplined acquisitions to grow revenue, NRI, and FFO in 2026

• Company focuses on maximizing cash flows from industrial portfolio

Result Drivers

• ASSET SALES - Parkit gained $25 mln from Winnipeg asset sales, strengthening balance sheet and enabling investment in PROREIT

• RENTAL DEVELOPMENTS - Joint venture launched construction on two 15-story rental buildings, contributing to growth

• LEASES AND ACQUISITIONS - New leases and acquisitions increased net rental income, demonstrating demand for industrial portfolio

Company press release: ID:nNFCgCMvy

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the real estate rental, development & operations peer group is "buy."

• Wall Street's median 12-month price target for Parkit Enterprise Inc is C$0.70, about 12.9% above its March 4 closing price of C$0.62

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)