Examples of Real Estate Property in a sentence
The Trust's determination of FFO follows the definition prescribed by the Real Estate Property Association of Canada ("REALPAC") and is a widely used measure by analysts and investors in evaluating the performance of real estate entities.
The Trust’s determination of FFO follows the definition prescribed by the Real Estate Property Association of Canada (“REALPAC”) guidelines on Funds From Operations & Adjusted Funds From Operations for IFRS dated January 2022 (“REALPAC Guidelines”).
The Trust’s determination of FFO follows the definition prescribed by the Real Estate Property Association of Canada (“REALPAC”) White Paper on Funds From Operations & Adjusted Funds From Operations for IFRS dated February 2019 and as subsequently amended (“White Paper”).
The Company’s Real Estate Property as presented in the Balance Sheet is comprised of the following:Land $180,000 Building 247,500 Closing Costs 6,878 In-place Leases 37,500 Total $471,878 Less: Accumulated Depreciation and Amortization 0 Total Real Estate Property, Net $471,878 The Company did not record any depreciation or amortization related to real estate property in 2022 due to the short term of ownership.
For our definition of NOI and Core NOI, as well as an important discussion of their uses and inherent limitations, see "Real Estate Property Net Operating Income and Core Net Operating Income" below.