Canadian Net Real Estate Investment Trust Annual Shareholders Meeting Transcript
(foreign language)
Dear fellow unitholders and guests, thank you for taking the time to be with us today for our Annual General Meeting. I'm delighted to share our achievements and experiences throughout the past year. 2022 has been an eventful year for Canadian Net REIT. We commenced the year with great enthusiasm, making several strategic acquisitions that bolstered our portfolio of triple net and management-free retail properties across Canada.
By the end of the year, the value of our adjusted investment properties was up 9%, while our NOI was up 28%. These acquisitions were a testament to our commitment to growth and our confidence in the resilience of our niche in the real estate market. However, as the year progressed, we faced a changing landscape. Interest rates began to rise and market dynamics became more uncertain. We recognized the need to exercise caution and adapt our approach accordingly.
Despite the
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
