Performance PotentialRetirement SP-NOI growth outlook tweaked higher, with full-year 2025 retirement SP-NOI growth expected to exceed 10%, indicating strong performance potential.
Revenue EnhancementTwo LTC redevelopments nearing completion with targeted development yields of 8.0-8.5%, which could enhance Sienna's revenue streams.
Strategic GrowthSIA announced an agreement to acquire a retirement home in Stittsville, ON, expecting a year-one yield of 6.8% post immediate synergies, demonstrating strategic growth through acquisitions.