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Northview Residential REIT T.NRR.UN

Alternate Symbol(s):  NRRUF

Northview Residential REIT is a Canada-based real estate investment trust. The Company is engaged in indirectly acquiring, owning, and operating a portfolio of income-producing rental properties in secondary markets within Canada. Its properties include multi-residential properties, commercial properties, and execusuite properties. Its multi-residential properties include Dawson Townhomes, Ridgeview Apartments, Parkview Apartments, Tuscany Manor, County Squire A and B, Willowbrook Townhomes, Mt. Glacier Apartments, and Springhill Apartments, among others. Its commercial properties include the Franklin Manor Building, Bristol Court Sun Life, Blackstone Federal Building, Mack Travel Building, Shoppers Drug Mart, NWT Commerce Place, and others. Its execusuite properties include Inuvik Capital Suites, Capital Suites, and Iqualit Capital Suites. Its portfolio consists of approximately 14,400 multi-residential suites and 200 execusuites across nine provinces and two territories.


TSX:NRR.UN - Post by User

Post by DanielDardenon Nov 14, 2023 3:50pm
149 Views
Post# 35735270

Q3 Payout Reported

Q3 Payout Reported
I For the twelve months ended September 30, 2023, the AFFO payout ratio of 139.5% was higher than 99.5% for the twelve months ended September 30, 2022. The AFFO payout ratio is calculated using a trailing twelve month period, which therefore does not reflect the annualized impact of the distribution reduction in June 2023. For the three months ended September 30, 2023, distributions declared in this period represented 86.6% of AFFO. See also “Distributions to Unitholders” for further discussion of Northview’s distributions.

Try reading the 2nd last sentence, twice if you need to. Please correct your misleading post. Thanks.
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