Crombie REIT Announces Third Quarter 2026 Results
Key Highlights
- ➤Crombie (CRR.UN) FFO per Unit rose 3.0% to $0.34 year over year
- ➤Commercial same-asset property cash NOI increased 2.7% to $86.513 million
- ➤Committed occupancy reached a record-matching 97.7%, up 20 basis points
- ➤Crombie agreed to acquire 13 Ontario retail properties for $134 million
- ➤Renewals covering 107,000 square feet achieved 13.9% rent growth
Expert Statements
Mark Holly, President and CEO of Crombie Real Estate Investment Trust
“Crombie's third quarter results demonstrate what a portfolio built with purpose is designed to deliver: steady, dependable growth”
Mark Holly, President and CEO of Crombie Real Estate Investment Trust
“Renewal growth of 13.9% over expiring rental rates was our strongest in more than five years, and committed occupancy matched our record at 97.7%.”
Mark Holly, President and CEO of Crombie Real Estate Investment Trust
“Commercial same-asset property cash NOI grew 2.7%, and FFO per Unit grew 3.0%.”
Mark Holly, President and CEO of Crombie Real Estate Investment Trust
“Our focus is unchanged: growing cash flow while compounding long-term value for our Unitholders.”
Strong leasing and disciplined execution deliver 13.9% renewal growth, record committed occupancy, 13 new properties expand the portfolio and continued FFO per Unit growth
New Glasgow, Nova Scotia--(Newsfile Corp. - November 4, 2026) - Crombie Real Estate Investment Trust (TSX: CRR.UN) ("Crombie") today announced results for its third quarter ended September 30, 2026. Management will host a conference call to discuss the results at 10:00 a.m. (EST), November 5, 2026.
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