Q2I will wait for the statement on Sedar.
But, quick initial look. The q2 increase in ascribed portfolio value is a change from q1, where the adjustment was 300k.
One thing that I should mention is a positive is the demise of the Very Good Food co.
The co, which had Rupert Square tied up in a long term lease went under in Jan. There is no continuing entity.
Meanwhile the City is pushing forward analysis on Rupert Station and the Still Creek floodplain.
Without the lease, the co. Could advance development plans on a significant chunk of prime space.
My guess regarding the increase in portfolio values was not due to cap rates, but rather development moving forward in Silverdale etc.