Downtown Toronto MarketThere are early signs of improvement in the downtown Toronto office market, which should allow for gradual improvement and cash flow growth.
Leasing ProgressSignificant leasing progress has been made, with committed occupancy expected to improve to 86.5%.
Market DiscountThe REIT’s units currently trade at a 21.7% discount to the NAV estimate, compared to the average discount of 15.3% for peers, indicating potential value for investors.