Canadian Net REIT Announces 2026 Second-Quarter Results
MONTRÉAL, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Canadian Net Real Estate Investment Trust (“Canadian Net” or the “REIT”) (TSX-V: NET.UN) today reported its results for the quarter ended June 30(th), 2026 (“Q2 2026”) and distributions for October, November and December 2026 (“Q4 2026”).
"We are pleased to report another quarter of FFO per unit(1) growth, with an increase of 3% quarter-over-quarter and 2% year-over-year," said Kevin Henley, President and CEO. "During the quarter, we continued executing on our strategy by acquiring a single-tenant Bureau en Gros property in Quebec, which closed late in Q2 and will contribute to results starting in the third quarter. Our portfolio remains in excellent shape, with 100% occupancy maintained and all 2026 lease renewals now completed. As it has throughout our history, our model continues to demonstrate its resilience, delivering consistent growth through disciplined acquisitions, proactive balance sheet management, organic rent growth, and steady mortgage paydown. Looking ahead, our focus is on unlocking further capital to fund future acquisitions and continue building on our organic growth momentum."
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